Nifty

Current: 11,796 (fut: 11789)

Target: NA

Stop-long positions at 11,715.

Stop-short positions at 11,875.

Big moves could go till 11,925, 11,650. A short 11,800c (41), short 11,800p (55) straddle costs 96. This can be taken with long 11,700p (23), long 11,900c (10) as cover.

Nifty Bank

Current 30,847 (fut: 30,855)

Target: NA

Stop-long positions at 30,700.

Stop-short positions at 31,000.

Big moves could go till 31,200, 30,500. Trend is mildly positive.

BPC

Current price: Rs 393

Target price: Rs 387

Keep a stop at Rs 396 and go short. Add to the position between Rs 388-Rs 389. Book profit at Rs 387.

L&T

Current price: Rs 1,535

Target price: Rs 1,510

Keep a stop at Rs 1,545 and go short. Add to the position between Rs 1,515-Rs 1,520. Book profit at Rs 1,510.

Titan

Current price: Rs 1318

Target price: Rs 1340

Keep a stop at Rs 1,305 and go long. Add to the position between Rs 1,330-Rs 1,135. Book profit at Rs 1,340.

Target prices, projected movements in terms of next session, unless otherwise stated