NIFTY
Current: 8757 (fut: 8770),
Target: NA
Stop-loss long positions at 8,675. Stop-shorts at 8,825. If the downtrend continues, it could test support at 8,650. A long 8,600p (59) , short 8,500p (38) could double if the futures drop till 8,675.
BANK NIFTY
Current: 19,145 (fut: 19,228)
Target: 18,875 (fut: 18,975)
Keep a stop at 19,400 and go short. Add to the position between 19,025 and 19,050. Book profits at 18,975.
SESA STERLITE
Current price: Rs 199
Target price: Rs 195
Keep a stop at Rs 202 and short. Add to the position between Rs 196 and Rs 197. Book profits at Rs 195.
TATA POWER
Current price: Rs 82.5
Target price: Rs 80.75
Keep a stop at Rs 83.75 and go short. Add to the position between Rs 81 and Rs 81.5.
Book profits at Rs 80.75.
HIND UNILEVER
Current price: Rs 976
Target price: Rs 995
Keep a stop at Rs 965 and go long. Add to the position between Rs 985 and Rs 990.
Book profits at Rs 995.
Target prices, projected movements in terms of next session, unless otherwise stated
