Nifty
Current: 8,219 (futures: 8,221)
Target: NA
Stop loss long positions at 8,145. Stop short positions 8,300. Big moves could go till 8,050, 8,350. A long 8,000p (33), long 8,400c (24) could gain 10-15 if the index swings by 150-points.
Bank Nifty
Current: 17,619 (futures: 17,605)
Target: NA
Stop loss long positions at 17,500. Stop short positions at 17,710. Big moves can go till 17,250, 18000. High volatility possible due to impending Brexit vote.
Aurobindo Pharma
Current: Rs 721
Target: Rs 710
Keep a stop at Rs 728 and go short. Add to the position between Rs 712 and Rs 714. Book profits at Rs 710.
Hindalco Industries
Current: Rs 123.5
Target: Rs 125.5
Keep a stop at Rs 122.5 and go long. Add to the position between Rs 124.5 and Rs 125. Book profits at Rs 125.5.
NTPC
Current: Rs 152
Target: Rs 148.5
Keep a stop at Rs 153.5 and go short. Add to the position between Rs 149.5 and Rs 150. Boook profits at Rs 148.5
Target prices, projected movements in terms of next session, unless otherwise stated
