NIFTY
Current: 8,633 (fut: 8,670),
Target: NA
Stop-loss long positions at 8,590. Stop-shorts at 8,755. A long 8,600p (67), short 8,500p (40) would gain 10-15 if support at 8,600 is tested.
BANK NIFTY
Current: 18,838 (fut: 19,020)
Target: 18,675 (fut: 18,775)
Keep a stop at 19,125 and short. Add to the position between 18,825 and 18,850. Book profits at 18,775.
HCL TECH
Current price: Rs 2,057
Target price: Rs 2,090
Keep a stop at Rs 2,040 and go long. Add to the position between Rs 2,070 and Rs 2080. Book profits at Rs 2,090.
CAIRN
Current price: Rs 218
Target price: Rs 214
Keep a stop at Rs 221 and go short. Add to the position between Rs 215 and Rs 216. Book profits at Rs 214.
RELIANCE INDS
Current price: Rs 843
Target price: Rs 860
Keep a stop at Rs 835 and go long. Add to the position between Rs 852 and Rs 855. Book profits at Rs 860.
Target prices, projected movements in terms of next session, unless otherwise stated
