NIFTY
Current: 7,485 (futures: 7,475)
Target: NA
Stop-long positions at 7,395. Stop-short positions at 7,555. Big moves could go till 7,330, 7,630. A long 7,600c (68), short 7,700c (37), could gain 10-15 if the futures hits 7,550.
BANK NIFTY
Current: 15,339 (fut: 15,392)
Target: NA
Stop-long positions at 15,280. Stop-short positions at 15,510. Big moves could go till 15,700, 15,100. Uptrend running into resistance.
BHEL
Current price: Rs 108
Target price: Rs 110
Keep a stop at Rs 106.5 and go long. Add to the position between Rs 109 and Rs 109.5. Book profits at Rs 110.
TECH MAHINDRA
Current price: Rs 451
Target price: Rs 443
Keep a stop at Rs 456 and go short. Add to the position between Rs 445 and Rs 447. Book profits at Rs 443.
TATA MOTORS
Current price: Rs 344
Target price: Rs 339
Keep a stop at Rs 347 and go long. Add to the position between Rs 340 and Rs 341. Book profits at Rs 339.
Current: 7,485 (futures: 7,475)
Target: NA
Stop-long positions at 7,395. Stop-short positions at 7,555. Big moves could go till 7,330, 7,630. A long 7,600c (68), short 7,700c (37), could gain 10-15 if the futures hits 7,550.
BANK NIFTY
Current: 15,339 (fut: 15,392)
Target: NA
Stop-long positions at 15,280. Stop-short positions at 15,510. Big moves could go till 15,700, 15,100. Uptrend running into resistance.
BHEL
Current price: Rs 108
Target price: Rs 110
Keep a stop at Rs 106.5 and go long. Add to the position between Rs 109 and Rs 109.5. Book profits at Rs 110.
TECH MAHINDRA
Current price: Rs 451
Target price: Rs 443
Keep a stop at Rs 456 and go short. Add to the position between Rs 445 and Rs 447. Book profits at Rs 443.
TATA MOTORS
Current price: Rs 344
Target price: Rs 339
Keep a stop at Rs 347 and go long. Add to the position between Rs 340 and Rs 341. Book profits at Rs 339.
Target prices, projected movements in terms of next session, unless otherwise stated