NIFTY
Current: 7,846 (futures: 7,861)
Target: NA
Stop-long positions at 7,795. Stop-short positions at 7,920. Big moves could go till 7,725, 7,975. A long September 7,800p (16), September 7,900c (18) breaks even if the index moves outside 7,765, 7,935.
BANK NIFTY
Current: 17,255 (fut: 17,322)
Target: NA
Stop-loss long positions at 17,200. Stop-short positions at 17,450. A big move could go till 17,000 or 17,600. A rise seems more likely.
HCL TECH
Current price: Rs 927
Target price: Rs 940
Keep a stop at Rs 920 and go long. Add to the position between Rs 935 and Rs 937. Book profits at Rs 940.
BPCL
Current price: Rs 877
Target price: Rs 895
Keep a stop at Rs 870 and go long. Add to the position between Rs 885 and Rs 889. Book profits at Rs 895.
LUPIN
Current price: Rs 1,922
Target price: Rs 1,960
Keep a stop at Rs 1,900 and go long. Add to the position between Rs 1,945 and Rs 1,955. Book profits at Rs 1,960.
Target prices, projected movements in terms of next session, unless otherwise stated
