NIFTY
Current: 7,928 (fut: 7,948),
Target: NA
Stop shorts at 8,025. Stop long positions at 7,875. Big moves could go till 8,075 or 7,825. A long 8,000c (33) and short 8,100c (9) will double in value if 8,000 is struck.
BANK NIFTY
Current: 16,427 (fut: 16,475)
Target: 16,550 (fut: 16,600)
Keep a stop at 16,400 and go long. Add to the position between 16,550 and 16,575. Book profits at 16,600.
BHEL
Current price: Rs 238
Target price: Rs 230
Keep a stop at Rs 241 and short. Add to the position between Rs 232 and Rs 234. Book profits at Rs 230.
GAIL
Current price: Rs 481
Target price: Rs 490
Keep a stop at Rs 475 and go long. Add to the position between Rs 486 and Rs 488. Book profits at Rs 490.
HINDUSTAN UNILEVER
Current price: Rs 750
Target price: Rs 780
Keep a stop at Rs 743 and go long, Add to the position between Rs 755 and Rs 758. Book profits at Rs 760.
Target prices, projected movements in terms of next session, unless otherwise stated
