Current: 8,094.10 (fut: 8,137.10)
Target: NA
Stop short positions at 8,200. Stop long positions at 8,065. Big moves could go till 8,000 or till 8,250. A long 8,300c (20), short 8,400c (7) would double on a big uptrend. (All futures prices)
BANK NIFTY
Current: 16,151.75 (fut: 16,257)
Target: 16,325 (fut: 16,400)
Keep a stop at 16,175 and go long. Add to the position between 16,325 and 16,350. Book profits at 16,400. (All futures prices)
HERO MOTOCORP
Current: Rs 2,683
Target: Rs 2,720
Keep a stop at Rs 2,660 and go long. Add to the position between Rs 2,700 and Rs 2,710. Book profits at Rs 2,720.
IDFC
Current: Rs 145
Target: Rs 150
Keep a stop at Rs 143 and go long. Add to the position between Rs 148 and Rs 149. Book profits at Rs 150.
ITC
Current: Rs 351
Target: Rs 345
Keep a stop at Rs 354 and short. Add to the position between Rs 347 and Rs 348. Book profits at Rs 345.
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