NIFTY
Current: 8,633 (futures: 8,646)
Target: NA
Stop-loss long positions at 8,565. Stop-short positions at 8,705. A long 8,700 (14), short 8,800c (3) is very cheap due to expiry. it could multiply if 8,700 is tested.
BANK NIFTY
Current: 18,997 (futures: 19,057)
Target: 19,200 (futures: 19,200)
Keep a stop at 18,950 and go long. Add to the position between 19,175 and 19,200. Book profits at 19,250.
ZEEL
Current: Rs 407
Target: Rs 415
Keep a stop at Rs 402 and go long. Add to the position between Rs 412 and Rs 413. Book profits at Rs 415.
BPCL
Current: Rs 972
Target: Rs 990
Keep a stop at Rs 962 and go long. Add to the position between Rs 982 and Rs 986. Book profits at Rs 990.
LIC HOUSING FINANCE
Current: Rs 486
Target: Rs 495
Keep a stop at Rs 482 and go long. Add to the position between Rs 490 and Rs 492. Book profits at Rs 495.
Target prices, projected movements in terms of next session, unless otherwise stated
