Current: 5,760 (futures: 5,777)
Current support is at 5,725-5,735. Use 5,700 as a stop loss for long positions. Current resistance is at 5,790-5,810. Stop loss shorts at 5,810. Breakouts or breakdowns could be till 5,860 or 5,675, respectively. The index continues to have a bearish bias. A strangle of long 5,500p (12.5) and long 6,000c (18) could gain 10-15 on a swing of 75 points.
Current price: Rs 179.5;
Target price: Rs 175
The stock could test support at its 52-week low of Rs 174-175 and if that breaks, the next target would be Rs 171. Keep a stop at Rs 183 and short. Add to the position between Rs 175 and Rs 176. Book profits or partial profits at Rs 175.
Current price: Rs 274;
Target price: Rs 267
New 52-week low at Rs 272-273. Keep a stop at Rs 279 and go short. Add to the position between Rs 271 and Rs 272.5. Book profits below Rs 267.
Current price: Rs 303;
Target price: Rs 290
The stock could slide till Rs 289-290. Keep a stop at Rs 309 and short. Add to the position between Rs 296 and Rs 299. Book profits at Rs 290.
Current price: Rs 142.5;
Target price: Rs 148
The stock is bouncing off support at Rs 138-139. Keep a stop at Rs 139 and go long. Add to the position between Rs 144 and Rs 145.5. Book profits above Rs 148.