NIFTY
Current: 7,785 (futures: 7,793)
Target: NA
Stop-long positions at 7,720. Stop-short positions at 7,860. Big moves could go till 7,650, 7,920. A long 7700p (87), short 7,600p (60) could gain 10-15 if the 7,700 level is hit.
BANK NIFTY
Current: 16543 (fut: 16567)
Target: NA
Stop-loss short positions at 16,685. Stop-long positions at 16.450. Big moves could go till 16.900, 16.250. Downtrend may continue.
TCS
Current price: Rs 2,349
Target price: Rs 2,320
Keep a stop at Rs 2,370 and go short. Add to the position between Rs 2,325 and Rs 2,330. Book profits at Rs 2,320.
LARSEN & TOUBRO
Current price: Rs 1,257
Target price: Rs 1,235
Keep a stop at Rs 1,270 and short. Add to the position between Rs 1,240 and Rs 1,245. Book profits at Rs 1,235.
ASIAN PAINTS
Current price: Rs 900
Target price: Rs 915
Keep a stop at Rs 890 and go long. Add to the position between Rs 909 and Rs 912. Book profits at Rs 915.
Target prices, projected movements in terms of next session, unless otherwise stated
