Nifty
Current: 8,102 (fut: 8,136) Target: NA
Stop-loss long positions at 8,065. Stop-loss short positions 8,205. Big moves could go till 7,980, 8,275. A long 8,000p (71), short 7,900p (49) could gain 10-15 if the futures tests support at 8,050.
Bank Nifty
Current: 18,234 (futures: 18,285) Target: NA
Stop-loss short positions at 18,400.
Stop- loss long positions at 18,170. Big moves could go till 17,900, 18,600. The trend is likely to go negative.
Tech Mahindra
Current price: Rs 455
Target price: Rs 445
Keep a stop at Rs 460 and go short. Add to the position between Rs 448 and Rs 450. Book profits at Rs 445.
Sun Pharma
Current: Rs 664
Target: Rs 652
Keep a stop at Rs 670 and go short. Add to the position between Rs 655 and Rs 658. Book profits at Rs 652.
Idea Cellular
Current: Rs 75.5
Target: Rs 77.5
Keep a stop at Rs 74 and go long. Add to the position between Rs 76.5 and Rs 77. Book profits at Rs 77.5.
Target prices, projected movements in terms of next session, unless otherwise stated
