NIFTY
Current: 8,834 (fut: 8,857)
Target: NA
Stop-long positions at 8,800. Stop-short positions at 8,925. A long 8,900c (75), short 9,000c (39) could gain 10-15 if 8,900 is struck.
BANK NIFTY
Current: 18,789 (futures: 18,843)
Target: 18,925 (futures: 19,000)
Keep a stop at 18,750 and go long. Add to the position between 18,950 and 18,975. Book profits at 19,000.
IDEA CELLULAR
Current price: Rs 202
Target price: Rs 205.5
Keep a stop at Rs 199 and go long. Add to the position between Rs 204 and Rs 205. Book profits at Rs 205.5.
MAHINDRA & MAHINDRA
Current price: Rs 1,248
Target price: Rs 1,225
Keep a stop at Rs 1,261 and short. Add to the position between Rs 1,230 and Rs 1,235. Book profits at Rs 1,225.
HINDUSTAN UNILEVER
Current price: Rs 949
Target price: Rs 962
Keep a stop at Rs 940 and go long. Add to the position between Rs 958 and Rs 959. Book profits at Rs 962.
Target prices, projected movements in terms of next session, unless otherwise stated
