NIFTY
Current: 8,252 (futures: 8,262)
Target: NA
Stop loss short positions at 8,310. Stop long positions at 8,190. Big moves could go till 8,145 or 8,355. A long 8,200p (40), short 8,100p (18) could gain 10-15 if the futures hits 8,200.
BANK NIFTY
Current: 17,710 (futures: 17,720)
Target: NA
Stop loss short positions at 17,810. Stop long positions at 17,600. Big moves could go till 17,400, 18,000. A downtrend looks more likely.
COAL INDIA
Current: Rs 337
Target: Rs 330
Keep a stop at Rs 340 and go short. Add to the position between Rs 332 and Rs 334. Book profits at Rs 330.
L&T
Current: Rs 1,550
Target: Rs 1,515
Keep a stop at Rs 1,565 and go short. Add to the position between Rs 1,520 and Rs 1,530. Book profits at Rs 1,515.
M&M
Current: Rs 1,256
Target: Rs 1,280
Keep a stop at Rs 1,245 at go long. Add to the position between Rs 1,270 and Rs 1,275. Book profits at Rs 1,280.
Target prices, projected movements in terms of next session, unless otherwise stated
