NIFTY
Current: 8,349 (fut: 8,365)
Target: NA
Stop-short positions at 8,450. Stop-long positions at 8,280. Big moves could go till 8,225, 8,500. A long 8,200p (56), long 8,100p (34) could gain 10-15 if the index tests 8,250.
BANK NIFTY
Current: 18,060 (futures: 18,136)
Target: NA
Stop-loss long positions at 18,025. Stop-short positions at 18,275. A big move could go to 17,900 or 18,400. Downtrend looks more likely.
INFOSYS
Current price: Rs 1,144
Target price: Rs 1,160
Keep a stop at Rs 1,135 and go long. Add to the position between Rs 1,155 and Rs 1,157. book profits at Rs 1,160.
HINDALCO
Current: Rs 96
Target: Rs 94
Keep a stop at Rs 97 and go short. Add to the position between Rs 94.5 and Rs 95. Book profits at Rs 94.
Current: 8,349 (fut: 8,365)
Target: NA
Stop-short positions at 8,450. Stop-long positions at 8,280. Big moves could go till 8,225, 8,500. A long 8,200p (56), long 8,100p (34) could gain 10-15 if the index tests 8,250.
BANK NIFTY
Current: 18,060 (futures: 18,136)
Target: NA
Stop-loss long positions at 18,025. Stop-short positions at 18,275. A big move could go to 17,900 or 18,400. Downtrend looks more likely.
INFOSYS
Current price: Rs 1,144
Target price: Rs 1,160
Keep a stop at Rs 1,135 and go long. Add to the position between Rs 1,155 and Rs 1,157. book profits at Rs 1,160.
HINDALCO
Current: Rs 96
Target: Rs 94
Keep a stop at Rs 97 and go short. Add to the position between Rs 94.5 and Rs 95. Book profits at Rs 94.
Target prices, projected movements in terms of next session, unless otherwise stated