Nifty
Current: 8,896 (fut: 8,919) Target: NA
Stop-loss long positions at 8,850. Stop-loss short positions at 8,990. Big moves could go till 9,050, 8,800. A long 8,800p (84), short 8,700p (58) could gain 10-15 if the futures dips below 8,850.
Bank Nifty
Current: 20,613 (futures: 20,678)
Target: NA
Stop-long positions at 20,550. Stop-short positions at 20,800. Big moves could go till 21,000, 20,350. Reaction could continue.
Aurobindo Pharma
Current price: Rs 679
Target price: Rs 690
Keep a stop at Rs 673 and go long. Add to the position between Rs 685 and Rs 688. Book profits at Rs 690.
Zee Entertainment
Current price: Rs 504
Target price: Rs 492
Keep a stop at Rs 510 and go short. Add to the position between Rs 495 and Rs 497. Book profits at Rs 492.
PowerGrid
Current price: Rs 193
Target price: Rs 189
Keep a stop at Rs 195 and go short. Add to the position between Rs 190 and Rs 191. Book profits at Rs 189.
Target prices, projected movements in terms of next session, unless otherwise stated
