NIFTY
Current: 8,494 (futures: 8,550)
Stop-loss shorts at 8,600. Stop long positions at 8,500. A long 8,600c (80) and short 8,700c (44) could gain 10-15 if 8,600 is crossed.
BANK NIFTY
Current: 18,022 (futures: 18,150)
Target: 18,175 (futures: 18,300)
Keep a stop at 18,075 and go long. Add to the position between 18,250 and 18,275. Book profits at 18,300.
BHEL
Current: Rs 284
Target: Rs 289
Keep a stop at Rs 280 and go long. Add to the position between Rs 287 and Rs 288. Book profits at Rs 289.
HCL TECHNOLOGIES
Current: Rs 1,665
Target: Rs 1,690
Keep a stop at Rs 1,649 and go long. Add to the position between Rs 1,680 and Rs 1,685. Book profits at Rs 1,690.
HINDUSTAN UNILEVER
Current: Rs 791
Target: Rs 800
Keep a stop at Rs 783 and go long. Add to the position between Rs 794 and Rs 795. Book profits at Rs 800.
Target prices, projected movements in terms of next session, unless otherwise stated
