NIFTY
Current: 8,529 (futures: 8,552)
Target: NA
Stop-loss short positions at 8,585. Stop-long positions at 8,470. Big moves could go till 8,650, 8,400. A long 8,500p (54), short 8,400p (28) could gain 10-15 if the futures slides below 8,500.
BANK NIFTY
Current: 18,905 (fut: 18,979)
Target: NA
Stop-loss long positions at 18,850. Stop-loss short positions at 19,100. Big moves could go till 19,300, 18,650. Slightly bearish trend.
IDEA CELLULAR
Current price: Rs 106
Target price: Rs 108
Keep a stop at Rs 105 and go long. Add to the position between Rs 107 and Rs 107.70. Book profits at Rs 108.
MARUTI SUZUKI
Current price: Rs 4,475
Target price: Rs 4,525
Keep a stop at Rs 4,445 and go long. Add to the position between Rs 4,500 and Rs 4,510. Book profits at Rs 4,525.
HCL TECH
Current price: Rs 730
Target price: Rs 745
Keep a stop at Rs 723 and go long. Add to the position between Rs 738 and Rs 742. Book profits at Rs 745.
Target prices, projected movements in terms of next session, unless otherwise stated
