NIFTY
Current: 8,922 (fut: 8,952),
Target: NA
Stop-loss short positions at 9,025. Stop-long positions at 8,875. If the correction continues, a drop till 8,800 is possible. a long 8,800p (71), short 8,700p (48) will gain 15-20 if 8,800 is struck.
BANK NIFTY
Current: 19,643 (fut: 19,720)
Target: 19,350 (fut: 19,450)
Keep a stop at 19,900 and go short. Add to the position between 19,475 and 19,500. Book profits at 19,450.
SESA STERLITE
Current price: Rs 212
Target price: Rs 208
Keep a stop at Rs 215 and short. Add to the position between Rs 209 and Rs 210. Book profits at Rs 208.
NMDC
Current price: Rs 133
Target price: Rs 129
Keep a stop at Rs 135 and short. Add to the position between Rs 130 and Rs 131. Book profits at Rs 129.
IDFC
Current price: Rs 179
Target price: Rs 184
Keep a stop at Rs 177 and go long. Add to the position between Rs 182 and Rs 183. Book profits at Rs 184.
Target prices, projected movements in terms of next session, unless otherwise stated
