NIFTY
Current: 8,318 (fut: 8,328.95),
Target: NA
Stop-loss short positions at 8,405. Stop-long positions at 8,245. A long 8,100p (80), long 8,000c (60), could treble if the index tests support at 8,150.
BANK NIFTY
Current: 18,241 (fut: 18,240)
Target: NA
Stop-loss short positions at 18,350. Stop-long positions at 18,125. If the index drops below 18,100, it could fall till 17,900 at least. Upside limited to 18,450.
TECH MAHINDRA
Current price: Rs 483
Target price: Rs 470
Keep a stop at Rs 490 and short. Add to the position between Rs 472 and Rs 474. Book profits at Rs 470.
HINDALCO
Current price: Rs 113
Target price: Rs 110
Keep a stop at Rs 115 and short. Add to the position between Rs 110.5 and Rs 111. Book profits at Rs 110.
HIND UNILEVER
Current price: Rs 900
Target price: Rs 918
Keep a stop at Rs 890 and go long. Add to the p[osition between Rs 910 and Rs 914. Book profits at Rs 918.
Target prices, projected movements in terms of next session, unless otherwise stated
