NIFTY
Current: 8,635 (futures: 8,637)
Target: NA
Stop-loss short positions at 8,700. Stop-long positions at 8,570. Big moves could go till 8,750, 8,500. A long 8,600c (68), short 8,700c (24) is in the money. It could gain 10-15 if 8,700 is hit.
BANK NIFTY
Current: 18,989 (fut: 18,985)
Target: NA
Stop-loss short positions at 19,100. Stop-long positions at 18,885. Big moves could go till 18,700, 19,300. Trend continues to look positive.
BHEL
Current price: Rs 147
Target price: Rs 150
Keep a stop at Rs 145.5 and go long. Add to the position between Rs 148.5 and Rs 149.5. Book profits at Rs 150.
MARUTI SUZUKI
Current price: Rs 4,550
Target price: Rs 4,630
Keep a stop at Rs 4,500 and go long. Add to the position between Rs 4,600 and Rs 4,620. Book profits at Rs 4,630.
TATA STEEL
Current price: Rs 363
Target price: Rs 358
Keep a stop at Rs 366 and go short. Add to the position between Rs 359 and Rs 360. Book profits at Rs 358.
Target prices, projected movements in terms of next session, unless otherwise stated
