|Chennai||Rs. 24840.00 (-0.36%)|
|Mumbai||Rs. 25460.00 (-0.16%)|
|Delhi||Rs. 25450.00 (2.21%)|
|Kolkata||Rs. 25000.00 (0%)|
|Kerala||Rs. 24700.00 (0%)|
|Bangalore||Rs. 25050.00 (1.42%)|
|Hyderabad||Rs. 24930.00 (1.63%)|
Current: 5,665 (futures: 5,706)
A swing today could take the index till 5,575 or 5,750 and the market seems mildly bearish. Stop-loss long positions at 5,645 (futures) and stop-loss shorts at 5,735 (futures). A bearspread of long 5,600p (52) and long 5,500c (29) costs 23 and looks more attractive than a bullspread.
Current: 11,472 (futures: 11,572)
Current price: Rs 257;
Target: Rs 249
If support at current levels breaks, the stock could fall till Rs 247-249. Keep a stop at Rs 260 and short. Add to the position between Rs 253 and Rs 255. Book profits below Rs 249. If Rs 260 is broken, the rebound can go till Rs 265.
Current price: Rs 227;
Target: Rs 220
If the trend of selling on high volumes continues, the stock could fall till Rs 217-220. Keep a stop at Rs 231 and short. Add to the position between Rs 223 and Rs 225. Book profits below Rs 220.
The target price and projected movements given above are in terms of the next one trading session, unless otherwise stated