Current: 7,830 (fut: 7,833)
Target: NA
Stop-loss shorts at 7,900. Stop long positions at 7,750. Big moves could go till 7,925 or 7,700. A long 7,900c (20) and long 7,700p (11) could gain 15-20 on a big move in any direction.
BANK NIFTY
Current: 15,534 (futures: 15,569)
Target: 15,375 (futures: 15,400)
Keep a stop at 15,625 and short. Add to the position between 15,450 and 15,475. Book profits at 15,400. (All futures prices)
WIPRO
Current: Rs 577
Target: Rs 590
Keep a stop at Rs 570 and go long. Add to the position between Rs 582 and Rs 585. Book profits at Rs 590.
CAIRN
Current: Rs 323
Target: Rs 312
Keep a stop at Rs 330 and short. Add to the position between Rs 316 and Rs 318. Book profits at Rs 312.
HIND UNILEVER
Current: Rs 643
Target: Rs 655
Keep a stop at Rs 635 and go long. Add to the position between Rs 647 and Rs 650. Book profits at Rs 655.
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