Nifty
Current 10703 (fut: 10736, Target: NA)
Stop long positions at 10,650. Stop short positions at 10,800. Big moves could go till 10,600, 10,850. The index went up on short-covering with a very adverse advance-decline ratio.
Nifty Bank
Current: 26,956 (fut: 26743) Target NA. Stop long positions at 26,650. Stop short positions at 26,850. Big moves could go till 27,025, 26,450. The rally was largely short-covering and the financial index may open low, given discount to underlying.
Tech Mahindra
Also Read
Current price: Rs 712
Target price: Rs 725
Keep a stop at Rs 705 and go long. Add to the position between Rs 720 and Rs 722. Book profits at Rs 725.
Hindustan Unilever
Current price: Rs 1,611
Target price: Rs 1,590
Keep a stop at Rs 1,625 and go short. Add to the position between Rs 1,595 and Rs 1,600. Book profits at Rs 1,590.
Tata Motors
Current price: Rs 283
Target price: Rs 278
Keep a stop at Rs 286 and go short. Add to the position between Rs 279 and Rs 280. Book profits at Rs 278.
Target prices, projected movements in terms of next session, unless otherwise stated
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
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
SAVE 25%