NIFTY
Current: 8,112 (futures: 8,143)
Target: NA
Stop-loss short positions at 8,200. Stop-loss long positions at 8,080. Big moves could go till 8,000, 8,250. A short 8,300c (75), long 8,400c (45) pays 30 and the spread will drop in value if the index falls.
BANK NIFTY
Current: 17,212 (fut: 17,316)
Target: NA
Stop-loss short positions at 17,425. Stop-loss long positions at 17,200. Big moves could go till 17,600, 17,000. Downtrend is likely to persist.
COAL INDIA
Current price: Rs 322
Target price: Rs 316
Keep a stop at Rs 325 and go short. Add to the position between Rs 317 and Rs 318. Book profits at Rs 316.
TCS
Current price: Rs 2,496
Target price: Rs 2,540
Keep a stop at Rs 2,470 and go long. Add to the position between Rs 2,525 and Rs 2,535. Book profits at Rs 2,540.
HIND UNILEVER
Current price: Rs 801
Target price: Rs 785
Keep a stop at Rs 810 and go short. Add to the position between Rs 788 and Rs 792. Book profits at Rs 785.
Target prices, projected movements in terms of next session, unless otherwise stated
