NIFTY
Current: 8,575 (fut: 8,594),
Target: NA
Stop-long positions at 8,500. Stop-short positions at 8,655. Big moves could go till 8,450, 8,700. A long 8,500p (55), short 8,400p (32) could gain 10-15 if the 8,500 level is struck.
BANK NIFTY
Current: 18,647 (fut: 18,696)
Target: NA
Stop-loss long positions at 18,590. Stop-short positions at 18,800. Big moves could go till 19,000, 18,400. Downtrend may continue.
HCL TECH
Current price: Rs 818
Target price: Rs 830
Keep a stop at Rs 810 and go long. Add to the position between Rs 825 and Rs 828. Book profits at Rs 830.
ACC
Current : Rs 1,618
Target: Rs 1,580
Keep a stop at Rs 1,830 and go short. Add to the position between Rs 1,585 and Rs 1,590. Book profits at Rs 1,580.
HERO MOTO
Current: Rs 3,317
Target: Rs 3,360
Keep a stop at Rs 3,350 and go short. Add to the position between Rs 3,270 and Rs 3,280. Book profits at Rs 3,360.
Target prices, projected movements in terms of next session, unless otherwise stated
