NIFTY
Current: 7,537 (futures: 7,541)
Target: NA
Stop long positions at 7,465. Stop short positions at 7,610. Big moves could go till 7,400, 7,675. A long 7,400p (56), long 7,700c (41) could gain 20-25 on a big swing in any direction.
BANK NIFTY
Current: 15,610 (fut: 15,560)
Target: NA
Stop loss long positions at 15,450. Stop short positions at 15,680. Big moves could go till 15,250, 15,850. Trend continues to look weak.
HCL TECH
Current price: Rs 829
Target price: Rs 840
Keep a stop at Rs 820 and go long. Add to the position between Rs 835 and Rs 837. Book profits at Rs 840
LUPIN
Current price: Rs 1,717
Target price: Rs 1,690
Keep a stop at Rs 1,735 and short. Add to the position between Rs 1,695 and Rs 1,700. Book profits at Rs 1,690
TATA STEEL
Current price: Rs 239
Target price: Rs 232
Keep a stop at Rs 242 and go short. Add to the position between Rs 234 and Rs 235. Book profits at Rs 232.
Target prices, projected movements in terms of next session, unless otherwise stated
