NIFTY
Current: 7,896 (fut: 7,902),
Target: NA
Stop long positions at 7,845. Stop short positions at 7,960. Big moves are unlikely but could go till 8,025 and 7,780. A long Dec 7,900p (16) would gain if the index drops below 7,884.
BANK NIFTY
Current: 16,918 (fut: 16,914)
Target: NA
Stop-loss long positions at 16,820. Stop-loss short positions at 17,035. Big moves seem unlikely but could hit 17,150, 16,675. Bias may be slightly negative
HCL TECH
Current price: Rs 840
Target price: Rs 826
Keep a stop at Rs 850 and go short. Add to the position between Rs 828 and Rs 832. Book profits at Rs 826.
TATA STEEL
Current price: Rs 259
Target price: Rs 263
Keep a stop at Rs 257 and go long. Add to the position between Rs 261 and Rs 262. Book profits at Rs 263.
BPCL
Current price: Rs 892
Target price: Rs 880
Keep a stop at Rs 900 and go short. Add to the position between Rs 882 and Rs 886. Book profits at Rs 880.
Target prices, projected movements for the next session, unless otherwise stated
