NIFTY
Current: 8,278 (fut: 8,320)
Target: NA
Stop-loss shorts at 8,400. Stop-long positions at 8240. A long 8,200p (63), short 8,100p (42) would gain 10-15 if the downtrend breaks support at 8,250.
BANK NIFTY
Current: 18,604 (futures: 18,717)
Target: 18,450 (futures: 18,550)
Keep a stop at 18,825 and short. Add to the position between 18,575 and 18,600. Book profits at 18,550.
HINDALCO
Current price: Rs 142
Target price: Rs 138
Keep a stop at Rs 144 and go short. Add to the position between Rs 139 and Rs 140. Book profits at Rs 138.
BHEL
Current price: Rs 269
Target price: Rs 264
Keep a stop at Rs 271 and go short. Add to the position between Rs 265 and Rs 266. Book profits at Rs 264.
ITC
Current price: Rs 348
Target price: Rs 354
Keep a stop at Rs 344 and go long. Add to the position between Rs 351 and Rs 352. Book profits at Rs 354.
Current: 8,278 (fut: 8,320)
Target: NA
Stop-loss shorts at 8,400. Stop-long positions at 8240. A long 8,200p (63), short 8,100p (42) would gain 10-15 if the downtrend breaks support at 8,250.
BANK NIFTY
Current: 18,604 (futures: 18,717)
Target: 18,450 (futures: 18,550)
Keep a stop at 18,825 and short. Add to the position between 18,575 and 18,600. Book profits at 18,550.
HINDALCO
Current price: Rs 142
Target price: Rs 138
Keep a stop at Rs 144 and go short. Add to the position between Rs 139 and Rs 140. Book profits at Rs 138.
BHEL
Current price: Rs 269
Target price: Rs 264
Keep a stop at Rs 271 and go short. Add to the position between Rs 265 and Rs 266. Book profits at Rs 264.
ITC
Current price: Rs 348
Target price: Rs 354
Keep a stop at Rs 344 and go long. Add to the position between Rs 351 and Rs 352. Book profits at Rs 354.
Target prices, projected movements in terms of the next session, unless otherwise stated