NIFTY
Current: 8,140 (futures: 8,153)
Target: NA
Stop-loss short positions at 8,210. Stop-long positions at 8,090. Big moves could go till 8,275, 8,025. A long 8,100p (86), short 8,000p (56) could gain 10-15 if 8,100 is struck.
BANK NIFTY
Current: 17,671 (fut: 17,660)
Target: NA
Stop-loss short positions at 17,775. Stop- long positions at 17,550. Big moves could go till 17,950, 17,350. Weakness may continue.
HINDALCO
Current price: Rs 119
Target price: Rs 121.1
Keep a stop at Rs 118 and go long. Add to the position between Rs 120 and Rs 121. Book profits at Rs 121.5.
MARUTI SUZUKI
Current price: Rs 4,084
Target price: Rs 4,025
Keep a stop at Rs 4,120 and go short. Add to the position between Rs 4,040 and Rs 4,050. Book profits at Rs 4,025.
HERO MOTOCORP
Current price: Rs 3,021
Target price: Rs 2,970
Keep a stop at Rs 3,050 and go short. Add to the position between Rs 2,980 and Rs 2,990. Book profits at Rs 2,970.
Current: 8,140 (futures: 8,153)
Target: NA
Stop-loss short positions at 8,210. Stop-long positions at 8,090. Big moves could go till 8,275, 8,025. A long 8,100p (86), short 8,000p (56) could gain 10-15 if 8,100 is struck.
BANK NIFTY
Current: 17,671 (fut: 17,660)
Target: NA
Stop-loss short positions at 17,775. Stop- long positions at 17,550. Big moves could go till 17,950, 17,350. Weakness may continue.
HINDALCO
Current price: Rs 119
Target price: Rs 121.1
Keep a stop at Rs 118 and go long. Add to the position between Rs 120 and Rs 121. Book profits at Rs 121.5.
MARUTI SUZUKI
Current price: Rs 4,084
Target price: Rs 4,025
Keep a stop at Rs 4,120 and go short. Add to the position between Rs 4,040 and Rs 4,050. Book profits at Rs 4,025.
HERO MOTOCORP
Current price: Rs 3,021
Target price: Rs 2,970
Keep a stop at Rs 3,050 and go short. Add to the position between Rs 2,980 and Rs 2,990. Book profits at Rs 2,970.
Target prices, projected movements in terms of next session, unless otherwise stated