NIFTY
Current: 8,778 (fut: 8,807)
Target: NA
Stop-loss short positions at 8,880. Stop-long positions at 8,725. A long 8,900c (67), short 9,000c (25) costs 42. It could gain 15-20 if the futures hits 8,875.
BANK NIFTY
Current: 18,876 (futures: 18,947)
Target: 19,000 (futures: 19,100)
Keep a stop at 18,850 and go long. Add to the position between 19,050 and 19,075. Book profits at 19,100.
TATA STEEL
Current price: Rs 346
Target price: Rs 352
Keep a stop at Rs 344 and go long. Add to the position between Rs 350 and Rs 351. Book profits at Rs 352.
ZEE ENTERTAINMENT
Current price: Rs 357
Target price: Rs 363
Keep a stop at Rs 354 and go long. Add to the position between Rs 361 and Rs 362. Book profits above Rs 363.
IDEA
Current price: Rs 188
Target price: Rs 192
Keep a stop at Rs 186 and go long. Add to the position between Rs 190 and Rs 191. Book profits at Rs 192.
Target prices, projected movements in terms of next session, unless otherwise stated
