NIFTY
Current: 7,843 (fut: 7,897),
Target: NA
Stop-loss long positions at 7,825. Stop shorts at 7,965. Big moves could go till 7,775 or 8,025. A long 7,800p (67) and short 7,700p (39) costs 28 and could gain 10-15 if 7,800 is hit.
BANK NIFTY
Current: 15,356 (fut: 15,455)
Target: 15,200 (fut: 15,250)
Keep a stop at 15,550 and short. Add to the position between 15,300 and 15,325. Book profits at 15,250
INFOSYS
Current price: Rs 3,650
Target price: Rs 3,710
Keep a stop at Rs 3,620 and go long. Add to the position between Rs 3,685 and Rs 3,700. Book profits at Rs 3,710.
DLF
Current price: Rs 149
Target price: Rs 142
Keep a stop at Rs 151 and short. Add to the position between Rs 144 and Rs 146. Book profits at Rs 142.
TATA STEEL
Current price: Rs 456
Target price: Rs 445
Keep a stop at Rs 461 and go short. Add to the position between Rs 449 and Rs 452. Book profits at Rs 445.
Target prices, projected movements in terms of next session, unless otherwise stated
