NIFTY
Current: 8,468 (futures: 8,491)
Target: NA
Stop-long positions at 8,420. Stop-short positions at 8,555. Big moves could go till 8,600, 8,370. A long 8,600c (48), short 8,700c (23) could gain 10-15 if the futures hits 8,550.
BANK NIFTY
Current: 18,390 (fut: 18,485)
Target: NA
Stop-loss long positions at 18,375. Stop-short positions at 18,600. Big moves could go till 18,800, 18,200. Sentiment looks strong.
HCL TECH
Current price: Rs 717
Target price: Rs 730
Keep a stop at Rs 710 and go long. Add to the position between Rs 724 and Rs 727. Book profits at Rs 730.
TATA MOTORS
Current price: Rs 485
Target price: Rs 475
Keep a stop at Rs 490 and go short. Add to the position between Rs 478 and Rs 480. Book profits at Rs 475.
COAL INDIA
Current price: Rs 321
Target price: Rs 327
Keep a stop at Rs 318 and go long. Add to the position between Rs 325 and Rs 326. Book profits at Rs 327.
Target prices, projected movements in terms of next session, unless otherwise stated
Current: 8,468 (futures: 8,491)
Target: NA
Stop-long positions at 8,420. Stop-short positions at 8,555. Big moves could go till 8,600, 8,370. A long 8,600c (48), short 8,700c (23) could gain 10-15 if the futures hits 8,550.
BANK NIFTY
Current: 18,390 (fut: 18,485)
Target: NA
Stop-loss long positions at 18,375. Stop-short positions at 18,600. Big moves could go till 18,800, 18,200. Sentiment looks strong.
HCL TECH
Current price: Rs 717
Target price: Rs 730
Keep a stop at Rs 710 and go long. Add to the position between Rs 724 and Rs 727. Book profits at Rs 730.
TATA MOTORS
Current price: Rs 485
Target price: Rs 475
Keep a stop at Rs 490 and go short. Add to the position between Rs 478 and Rs 480. Book profits at Rs 475.
COAL INDIA
Current price: Rs 321
Target price: Rs 327
Keep a stop at Rs 318 and go long. Add to the position between Rs 325 and Rs 326. Book profits at Rs 327.
Target prices, projected movements in terms of next session, unless otherwise stated