NIFTY
Current: 8,957 (fut: 9,006),
Target: NA
Stop-loss long positions at 8,925. Stop-short positions at 9,075. Big moves could go till 9,150 or 8,850. A long 9,200c (62), short 9,300c (37) could double if the futures hits 9,150.
BANK NIFTY
Current: 20,008 (fut: 20,175)
Target: 20,250 (fut: 20,400)
Keep a stop at 20,050 and go long. Add to the position between 20,350 and 20,375. Book profits at 20,400.
AMBUJA CEMENT
Current price: Rs 285
Target price: Rs 290
Keep a stop at Rs 282 and go long. Add to the position between Rs 287 and Rs 288. Book profits at Rs 290.
ITC
Current price: Rs 339
Target price: Rs 350
Keep a stop at Rs 339 and go long. Add to the position between Rs 347 and Rs 349. Book profits at Rs 350.
CIPLA
Current price: Rs 717
Target price: Rs 735
Keep a stop at Rs 705 and go long. Add to the position between Rs 725 and Rs 730. Book profits at Rs 735.
Target prices, projected movements in terms of next session, unless otherwise stated
