I have a recipe for a mild 30/06 load that has been accurate in every rifle I have shot it in, that being an old sporterized Springfield, a Rem 700, Ruger 77MII, Rem 760, Rem 742, and probably some I have forgotten about. It is a Hornady 150 grain Interlock over 58 grains H4831SC powder lit with Win LRP. This load is not a hotrod and should give adequate performance in your 7400, as you don't want to push that action very hard. I have shot two deer at 600yds with this load using a lot of hold over, which the knowlege of such holdover comes from a lot of shooting and hunting with this caliber/load. Hope this helps.