NIFTY
Current: 8,529 (futures: 8,545)
Target: NA
Stop-loss short positions at 8,625. Stop-long positions at 8,470. Trend could stay bearish. A long 8,500p (49), short 8,400p (23) could gain 10-15 on a drop below 8,475.
BANK NIFTY
Current: 18,723 (futures: 18,766)
Target: 18,550 (futures: 18,550)
Keep stop at 18,875 and short. Add to the position between 18,575 and 18,600. Book profits at 18,550.
HIND UNILEVER
Current: Rs 891
Target: Rs 872
Keep a stop at Rs 900 and go short. Add to the position between Rs 875 and Rs 880. Book profits at Rs 872.
INFOSYS
Current: Rs 1,112
Target: Rs 1,150
Keep a stop at Rs 1,095 and go long. Add to the position between Rs 1,135 and Rs 1,145. Book profits at Rs 1,150.
TATA STEEL
Current: Rs 275
Target: Rs 271
Keep a top at Rs 277 and go sort. Add to the position between Rs 272 and Rs 273. Book profits at Rs 271.
Target prices, projected movements in terms of next session, unless otherwise stated