NIFTY
Current: 5,505 (Feb futures: 5,518);
Target: NA
A swing session on settlement could push the index down till either 5,400, or pull it back till 5,600. Stop-loss long futures at 5,465 and short futures at 5,550. Book profits on the prior recommendation of long 5,500p (26) and long 5,700c (1). A long strangle of February 5,400p (4) and long February 5,600c (4) will work if the session starts volatile.

STATE BANK OF INDIA
Current price: Rs 2,253;
Target price: Rs 2,175
The stock has been sold down on huge volumes and it test support at around Rs 2,225-2,235. If Rs 2,225 is broken, it may fall till Rs 2,175. Keep a stop at Rs 2,280 and short. Add to the position between Rs 2,200 and Rs 2,220. Book profits at Rs 2,175.

BSE  |  NSE Price

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The target price and projected movements given above are in terms of the next one trading session, unless otherwise stated

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