NIFTY
Current: 8,608 (fut: 8,659),
Target: NA
Stop loss-long positions at 8,590. Stop-loss short positions at 8,730. Big moves could go till 8,775, 8,550. A long 8,600p (95), short 8,500p (65) costs 30 and it could gain 10-15 if the futures dips below 8,600.
BANK NIFTY
Current: 19,217 (fut: 19,327)
Target: NA
Stop-long positions at 19,200. Stop-short positions at 19,450. Big moves could go till 19,000, 19,600. The trend looked mildly bullish at close.
HCL TECH
Current price: Rs 755
Target price: Rs 740
Keep a stop at Rs 763 and go short. Add to the position between Rs 743 and Rs 746. Book profits at Rs 740.
ZEE ENTERTAINMENT
Current price: Rs 530
Target price: Rs 540
Keep a stop at Rs 525 and go long. Add to the position between Rs 535 and Rs 537. Book profits at Rs 540.
BHARTI AIRTEL
Current price: Rs 342
Target price: Rs 337
Keep a stop at Rs 345 and go short. Add to the position between Rs 338 and Rs 339. Book profits at Rs 337.
Target prices, projected movements in terms of next session, unless otherwise stated
