NIFTY
Current: 7,460 (futures: 7,483)
Target: NA
Stop-loss long positions at 7,425. Stop-short positions at 7,550. Big moves could go till 7,360, 7,600. A long 7400p (65), short 7,300p (40) could gain 10-15 if the futures hit 7,400.
Also Read
Current: 15,327 (futures: 15,384)
Target: NA
Stop-loss short positions at 15,460. Stop-long positions 15,295. Big moves could go till 15,700, 15,050. Index may be due for a reaction.
HIND UNILEVER
Current: Rs 841
Target: Rs 853
Keep a stop at Rs 833 and go long. Add to the position between Rs 849 and Rs 851. Book profits at Rs 853.
TATA STEEL
Current: Rs 300
Target: Rs 295
Keep a stop at Rs 303 and go short. Add to the position between Rs 296 and Rs 297. Book profits at Rs 295.
SUN PHARMA
Current: Rs 843
Target: Rs 832
Keep a stop at Rs 850 and go short. Add to the position between Rs 834 and Rs 836. Book profits at Rs 832.
Target prices, projected movements in terms of next session, unless otherwise stated