NIFTY
Current price: 7,765 (fut: 7,809),
Target price: NA
Stop-long positions at 7,745. Stop-short positions at 7,880. Big moves could go till 7,700, 7,950. A long 7,700p (72) short 7,600p (47) could gain 10-15 if the futures drops till 7,750.
BANK NIFTY
Current price: 16,947 (fut: 17,035)
Target price: NA
Stop-loss long positions at 16,925. Stop-short positions at 17,150. Big moves could go till 17,350, 16,700. A downtrend seems a little more likely.
SUN PHARMA
Current price: Rs 777
Target price: Rs 790
Keep a stop at Rs 770 and go long. Add to the position between Rs 784 and Rs 787. Book profits at Rs 790.
COAL INDIA
Current price: Rs 327
Target price: Rs 321
Keep a stop at Rs 330 and go short. Add to the position between Rs 322 and Rs 324. Book profits at Rs 321.
ADANI PORTS
Current price: Rs 255
Target price: Rs 251
Keep a stop at Rs 258 and go short. Add to the position between Rs 252 and Rs 253. Book profits at Rs 251.
Target prices, projected movements in terms of next session, unless otherwise stated
