NIFTY
Current: 8,370 (fut: 8,363)
Target: NA
Stop-long positions at 8,300. Stop-short positions at 8,425. A long 8,300p (28), short 8,200p (10) could gain 10-15 if the Nifty drops below 8,290.
BANK NIFTY
Current: 18,325 (futures: 18,270)
Target: 18,100 (futures: 18,100)
Keep a stop at 18,370 and go short. Add to the position between 18,170 and 18,200.
Book profits at 18,100.
POWERGRID
Current price: Rs 143
Target price: Rs 147
Keep a stop at Rs 141 and go long. Add to the position between Rs 145 and Rs 146.
Book profits at Rs 147.
TATA STEEL
Current price: Rs 332
Target price: Rs 326
Keep a stop at Rs 336 and go short. Add to the position between Rs 327 and Rs 328.
Book profits at Rs 326.
ITC
Current price: Rs 317
Target price: Rs 310
Keep a stop at Rs 321 and go short. Add to the position between Rs 312 and Rs 313.
Book profits at Rs 310.
Target prices, projected movements in terms of next session, unless otherwise stated
