NIFTY
Current: 8710 (fut: 8737)
Target: NA
Stop-loss long positions at 8,665. Stop-loss short positions at 8,810. Big moves could go till 8,855, 8,625. A long 8,600p (62), short 8,500p (42) could gain 10-15 if the futures drops till 8,675.
BANK NIFTY
Current: 19,395 (futures: 19,502)
Target: NA
Stop-loss long positions at 19,390. Stop-short positions at 19,610. Big moves could go till 19,825, 19,100. Support at 19,325 is critical.
GAIL
Current price: Rs 414
Target price: Rs 420
Keep a stop at Rs 410 and go long. Add to the position between Rs 417 and Rs 419. Book profits at Rs 420.
POWERGRID
Current: Rs 178
Target: Rs 175
Keep a stop at Rs 180 and go short. Add to the position between Rs 175.5 and Rs 176.5. Book profits at Rs 175.
INFOSYS
Current: Rs 1,027
Target: Rs 1,000
Keep a stop at Rs 1,035 and go short. Add to the position between Rs 1,005 and Rs 1,010. Book profits at Rs 1,000.
Target prices, projected movements in terms of next session, unless otherwise stated
