NIFTY
Current: 8,495 (futures: 8,505)
Target: NA
Stop-long positions at 8,445. stop-short positions at 8,565. Big moves could go till 8,635, 8,375. A long 8,400p (41), short 8,300p (21) could double if 8,400 is hit.
BANK NIFTY
Current: 18,703 (fut: 18,730)
Target: NA
Stop-long positions at 18,620. Stop-short positions at 18,850. Big moves could go till 18,525 or 18,950. A downtrend seems more likely.
COAL INDIA
Current price: Rs 356
Target price: Rs 350
Keep a stop at Rs 359 and go short. Add to the position between Rs 352 and Rs 354. Book profits at Rs 350.
WIPRO
Current price: Rs 585
Target price: Rs 595
Keep a stop at Rs 580 and go long. Add to the position between Rs 592 and Rs 594. Book profits at Rs 595.
HERO MOTOR
Current price: Rs 2,685
Target price: Rs 2,725
Keep a stop at Rs 2,660 and go long. Add to the position between Rs 2,700 and Rs 2,710. Book profits at Rs 2,725.
Target prices, projected movements in terms of next session, unless otherwise stated
