Nifty
Current: 8,153 (fut: 8,177), Target: NA
Stop-loss long positions at 8,100. Stop-short positions at 8,255. Big moves could go till 8,025, 8,300. A long 8,100p (58), short 8,000p (35) could gain 10-15 if the index tests 8,100.
Bank Nifty
Current: 18,401 (fut: 18,454)
Target: NA
Stop-loss short positions at 18,575. Stop-loss long positions at 18,325. Big moves could go till 18,050, 18,800. Trend was mildly bearish at close.
Sun Pharma
Current price: Rs 650
Target price: Rs 660
Keep a stop at Rs 645 and go long. Add to the position between Rs 656 and Rs 658. Book profits at Rs 660.
TCS
Current price: Rs 2,259
Target price: Rs 2,215
Keep a stop at Rs 2,280 and go short. Add to the position between Rs 2,225 and Rs 2,235. Book profits at Rs 2,215.
Tata Motors
Current price: Rs 463
Target price: Rs 455
Keep a stop at Rs 468 and go short. Add to the position between Rs 457 and Rs 459. Book profits at Rs 455.
Target prices, projected movements in terms of next session, unless otherwise stated
