NIFTY
Current: 8,398 (fut: 8,399)
Target: NA
Stop-loss shorts at 8,480. Stop-loss long positions at 8,320. A long 8,300p (46), short 8,200p (26) could double if support at 8,300 is tested.
BANK NIFTY
Current: 18,246 (futures: 18,256)
Target: 17,950 (futures: 18,000)
Keep a stop at 18,350 and go short. Add to the position between 18,050 and 18,075. Book profits at 18,000.
TECH MAHINDRA
Current price: Rs 615
Target price: Rs 600
Keep a stop at Rs 620 and short. Add to the position between Rs 603 and Rs 606. Book profits at Rs 600.
CAIRN INDIA
Current price: Rs 214
Target price: Rs 208
Keep a stop at Rs 216 and go short. Add to the position between Rs 209 and Rs 210. Book profits at Rs 208.
ZEE ENTERTAINMENT
Current price: Rs 329
Target price: Rs 334
Keep a stop at Rs 325 and go long. Add to the position between Rs 331 and Rs 332. Book profits at Rs 334.
Target prices, projected movements in terms of next session, unless otherwise stated
