NIFTY Current: 7,832 (fut: 7,832), Target: NA Stop-loss short positions at 7,900. Stop-long positions at 7,755. Big moves could go till 7,700, 7,975 but settlement session may not see a big move. A long Nov 7,800p (18) could gain if the index dips below 7,775 BANK NIFTY Current: 16,989 (fut: 17,006) Target: NA Stop-loss short positions at 17,100. Stop-long positions at 16,900.
Big moves are not likely but if they occur, the futures may hit 17,200 or 16,800. A downtrend is a little more likely. LARSEN & TOUBRO Current price: Rs 1,342 Target price: Rs 1,310 Keep a stop at Rs 1,355 and go short. Add to the position between Rs 1,315 and Rs 1,325. Book profits at Rs 1,310. BHEL Current price: Rs 174 Target price: Rs 176.5 Keep a stop at Rs 171 and go long. Add to the position between Rs 175 and Rs 176. Book profits at Rs 176.5. HIND UNILEVER Current price: Rs 811 Target price: Rs 800 Keep a stop at Rs 820 and go short. Add to the position between Rs 802 and Rs 805. Book profits at Rs 800.
Target prices, projected movements in terms of next session, unless otherwise stated