NIFTY
Current: 8,092 (fut: 8,079)
Target: NA
Stop-loss short at 8,155. Stop-long positions at 7,990. If the trend turns bullish, which seems likely, the futures could run till 8,200. A long 8200c (28), short 8300c (11) could double if the futures moves above 8,175..
BANK NIFTY
Current: 17,584 (fut: 17,521)
Target: NA
Stop-loss short positions at 17,625. Stop-long positions at 17,425. If the trend turns bullish, which seems likely, the index futures could run till 17,800. (All futures prices)
DR REDDY'S
Current: Rs 3,340
Target: Rs 3,400
Keep a stop at 3,315 and go long. Add to the position between 3,375-3,390. Book profits at 3,400.
BHEL
Current: Rs 241
Target: Rs 246
Keep a stop at 239 and go long. Add to the position between 244-245. book profits at 246.
HIND UNILEVER
Current: Rs 861
Target: Rs 878
Keep a stop at 854 and go long. Add to the position between 869-873. Book profits at 878.
Current: 8,092 (fut: 8,079)
Target: NA
Stop-loss short at 8,155. Stop-long positions at 7,990. If the trend turns bullish, which seems likely, the futures could run till 8,200. A long 8200c (28), short 8300c (11) could double if the futures moves above 8,175..
BANK NIFTY
Current: 17,584 (fut: 17,521)
Target: NA
Stop-loss short positions at 17,625. Stop-long positions at 17,425. If the trend turns bullish, which seems likely, the index futures could run till 17,800. (All futures prices)
DR REDDY'S
Current: Rs 3,340
Target: Rs 3,400
Keep a stop at 3,315 and go long. Add to the position between 3,375-3,390. Book profits at 3,400.
BHEL
Current: Rs 241
Target: Rs 246
Keep a stop at 239 and go long. Add to the position between 244-245. book profits at 246.
HIND UNILEVER
Current: Rs 861
Target: Rs 878
Keep a stop at 854 and go long. Add to the position between 869-873. Book profits at 878.
Target prices, projected movements in terms of next session, unless otherwise stated