NIFTY
Current: 8,699 (fut: 8,710)
Target: NA
Stop-long positions at 8,630. Stop-short positions at 8,775 where's major resistance. Big moves could go till 8,835, 8,580. A long 87,00p (70), short 8,600p (34) could gain 15-25 if the index corrects to 8,650.
BANK NIFTY
Current: 19,660 (futures: 19,675)
Target: NA
Stop-long positions at 19,575. Stop-short positions at 19,775. Big moves could go till 20,000, 19,350. Big resistance at 19,800.
BHARTI INFRATEL
Current price: Rs 367
Target price: Rs 373
Keep a stop at Rs 363 and go long. Add to the position between Rs 370 and Rs 372. Book profits at Rs 373.
ONGC
Current: Rs 281
Target: Rs 285
Keep a stop at Rs 279 and go long. Add to the position between Rs 283 and Rs 284. Book profits at Rs 285.
HIND UNILEVER
Current: Rs 840
Target: Rs 832
Keep a stop at Rs 845 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
