Nifty
Current: 9,929 (fut: 9,953), Target: NA
Stop-long positions at 9,875.
Stop-short positions at 10,025.
Big moves could go till 10,050, 9,825.
A long 9,900p (88), short 9,800p (60) will gain if range trading continues.
Bank Nifty
Current: 24,305 (fut: 24,365)
Target: NA
Stop-long positions at 24,250.
Stop-short positions at 24,475.
Big moves could go till 24,675, 24,000.
The index will react and test 24,200 if range trading continues.
Bharat Petroleum
Current price: Rs 524
Target price: Rs 515
Keep a stop at Rs 530 and go short.
Add to the position between Rs 516 and Rs 518.
Book profits at Rs 515.
Aurobindo Pharma
Current price: Rs 742
Target price: Rs 730
Keep a stop at Rs 750 and go short.
Add to the position between Rs 732 and Rs 734.
Book profits at Rs 730
Larsen & Toubro
Current price: Rs 1,129
Target price: Rs 1,150
Keep a stop at Rs 1,120 and go long.
Add to the position between Rs 1,140 and Rs 1,145.
Book profits at Rs 1,150.
Target prices, projected movements in terms of next session,
Target prices, projected movements in terms of next session,
unless otherwise stated