Nifty
Current: 8,129 (fut: 8,157)
Target: NA
Stop short positions at 8,210. Stop long positions at 8,065. Big moves could go till 8,000, 8,300. A long 8,000p (94), short 7,900p (68) could gain 10-15 if the futures drops below 8,050.
Bank Nifty
Current: 17,474 (futures: 17,551)
Target: NA
Stop short positions at 17,610. Stop long positions at 17,390. A big move could go till 17,800, 17,200. The correction that started yesterday may continue.
NTPC
Current: Rs 126
Target: Rs 123.5
Keep a stop at 128 and go short. Add to the position between 124-125. Book profits at 123.5.
Lupin
Current: Rs 2,044
Target: Rs 2,005
Keep a stop at 2,065 and go short. Add to the position between 2,020-2,030. book profits at 2,005.
Vedanta
Current: Rs 93
Target: Rs 95
Keep a stop at 91.5 and go long. Add to the position between 94-94.5 . Book profits at 95.
Target prices, projected movements in terms of next session, unless otherwise stated
