NIFTY
Current: 8,650 (fut: 8,654),
Target: NA
Stop-long positions at 8,595. Stop-short positions at 8,705. Big moves could go till 8,750, 8,550. A long 8,600p (9), long 8,700c (9.5) would work if the index moves beyond 8,580-8,720.
BANK NIFTY
Current: 19,355 (fut: 19,368)
Target: NA
Stop-long positions at 19,275. Stop-short positions at 19,430. Big moves could go till 19,650, 19,050. The price pattern appears flat with no clear trend.
TATA POWER
Current price: Rs 76.5
Target price: Rs 78.5
Keep a stop at Rs 75.5 and go long. Add to the positions between Rs 77.5 and Rs 78. Book profits at Rs 78.5.
IDEA CELLULAR
Current price: Rs 98
Target price: Rs 96
Keep a stop at Rs 99 and go short. Add to the position between Rs 96.5 and Rs 97. Book profits at Rs 96.
HIND UNILEVER
Current price: Rs 920
Target price: Rs 935
Keep a stop at Rs 911 and go long. Add to the position between Rs 928 and Rs 932. Book profits at Rs 935.
Target prices, projected movements in terms of next session, unless otherwise stated
