NIFTY
Current: 7,234 (futures: 7,238)
Target: NA
Stop-loss long positions at 7,170. Stop-short positions at 7,305. Big moves can go till 7,350, 7,120. A long 7,200p (26), long 7,300c (16) has breakevens at 7,155, 7,345.
BANK NIFTY
Current: 14,385 (fut: 14,405)
Target: NA
Stop-loss long positions at 14,505. Stop-short positions at 14,300. Big moves could go till 14,150, 14,650. Short-covering may create an upwards bias.
ADANI PORTS
Current price: Rs 206
Target price: Rs 201
Keep a stop at Rs 209 and go short. Add to the position between Rs 202 and Rs 203. Book profits at Rs 201.
SUN PHARMA
Current price: Rs 882
Target price: Rs 895
Keep a stop at Rs 875 and go long. Add to the position between Rs 890 and Rs 892. Book profits at Rs 895.
HDFC
Current price: Rs 1,058
Target price: Rs 1,075
Keep a stop at Rs 1,050 and go long. Add to the position between Rs 1,065 and Rs 1,070. Book profits at Rs 1,075.
Target prices, projected movements in terms of next session, unless otherwise stated
