NIFTY
Current: 7,715 (futures: 7,729)
Target: NA
Stop-long positions at 7,660. Stop-short positions at 7,800. Big moves could go till 7,830, 7,630. A long 7,700c (72), short 7,800c (26) could gain 10-15 if the futures moves above 7,775.
BANK NIFTY
Current: 15,936 (fut: 15,982)
Target: NA
Stop-long positions at 15,870. Stop-short positions at 16,100. Big moves could go till 16,300, 15,700. Uptrend could continue.
TATA POWER
Current price: Rs 62
Target price: Rs 64
Keep a stop at Rs 61 and go long. Add to the position between Rs 63 and Rs 63.5. Book profits at Rs 64.
TECH MAHINDRA
Current price: Rs 484
Target price: Rs 476
Keep a stop at Rs 488 and go short. Add to the position between Rs 478 and Rs 480. Book profits at Rs 476.
BHEL
Current price: Rs 116.7
Target price: Rs 119
Keep a stop at Rs 115 and go long. Add to the position between Rs 118 and Rs 118.5. Book profits at Rs 119.
Target prices, projected movements in terms of next session, unless otherwise stated
