Current: 8,174 (futures: 8,275)
Stop-loss shorts at 8,350. Stop long positions at 8,200. Premiums likely to dip. Sell 8,400c (88), buy 8,500c (53). The position can be reversed to keep 10-15 in profits if the future falls till 8,200.
BANK NIFTY
Current: 18,535 (futures: 18,797)
Target: 18,500 (futures: 18,600)
Futures are at a huge premium to spot. Keep a stop at 18,900 and short. Add to the position between 18,650 and 18,675. Book profits at 18,600.
CAIRN
Current: Rs 241
Target: Rs 236
Keep a stop at Rs 244 and shirt. Add to the position between Rs 238 and Rs 239. Book profits at Rs 237.
HINDUSTAN UNILEVER
Current: Rs 757
Target: Rs 770
Keep a stop at Rs 750 and go long. Add to the position between Rs 763 and Rs 766. Book profits at Rs 770.
ULTRATECH CEMENT
Current: Rs 2,620
Target: Rs 2,675
Keep a stop at Rs 2,590 and go long. Add to the position between Rs 2,650 and Rs 2,665. Book profits at Rs 2,675.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
