NIFTY
Current: 8,460 (fut: 8,481)
Target: NA
Stop-loss short positions at 8,555. Stop- long positions at 8,400. A big move could go till 8,600 or till 8,350. A long 8,600c (52), short 8,700c (27) costs 25 and it could gain 10-15 on a big upmove.
BANK NIFTY
Current: 18,893 (fut: 18,974)
Target: 19,200
Keep a stop at 18,850 and go long. Add to the position between 19,150 and 19,175. Book profits at 19,200. A long 19,000c (320), short 19,500c (117) may also gain 75-100 on a move past 19,100.
ZEE ENTERTAINMENT
Current: Rs 374
Target: Rs 380
Keep a stop at Rs 370 and go long. Add to the position between Rs 377 and Rs 378. Book profits at Rs 380.
MARUTI SUZUKI
Current: Rs 4,035
Target: Rs 4,100
Keep a stop at Rs 3,990 and go long. Add to the position between Rs 4,075 and Rs 4,090. Book profits at Rs 4,100.
HINDALCO
Current: Rs 107
Target: Rs 109
Keep a stop at Rs 106 and go long. Add to the position between Rs 108 and Rs 108.5. Book profits at Rs 109.
Target prices, projected movements in terms of next session, unless otherwise stated
