 "Bonds, Stock markets, Shares, Trading")
Nifty
Current: 10,980 (fut: 10,986) Target: NA
Stop-long positions at 10,900. Stop-short positions at 11,075. Big moves could go till 11,100, 10,850. A long 10,900p (51), short 10,800p (32) could gain 10-15 if the index tests 10,900.
Bank Nifty
Current: 26,880 (futures: 26,968)
Target: NA
Stop-long positions at 26,825. Stop-short positions at 27,100. Big moves could go till 27,275, 26,700. Trend may have a negative bias.
Hindalco
Current price: Rs 212.5
Target price: Rs 208
Keep a stop at Rs 215 and go short. Add to the position between Rs 209 and Rs 210. Book profits at Rs 208.
Lupin
Current price: Rs 811
Target price: Rs 795
Keep a stop at Rs 820 and go short.
Add to the position between Rs 797 and Rs 802. Book profits at Rs 795.
HDFC
Current price: Rs 2,009
Target price: Rs 2,040
Keep a stop at Rs 1,990 and go long. Add to the position between Rs 2,030 and Rs 2,035. Book profits at Rs 2,040.
Target prices, projected movements in terms of next session, unless otherwise stated
Target prices, projected movements in terms of next session, unless otherwise stated
