NIFTY
Current: 8,545 (futures: 8,575)
Target: NA
Stop loss long positions at 8,500. Stop short positions at 8,655. Big moves could go till 8,450, 8,700. A long 8,800c (42), long 8,300p (41) could gain 15-20, if the market sees a big move.
BANK NIFTY
Current: 18,602 (fut: 18,702)
Target: NA
Stop long positions at 18,595. Stop short positions at 18,810. Big moves could go till 18,350, 19,050. Downside bias may persist.
BHEL
Current price: Rs 133.5
Target price: Rs 136.5
Keep a stop at Rs 132 and go long. Add to the position between Rs 135 and Rs 136. Book profits at Rs 136.5.
HCL
Current price: Rs 826
Target price: Rs 840
Keep a stop at Rs 818 and go long. Add to the position between Rs 834 and Rs 837. Book profits at Rs 840.
AUROBINDO PHARMA
Current price: Rs 747
Target price: Rs 735
Keep a stop at Rs 755 and go short. Add to the position between Rs 736 and Rs 740. Book profits at Rs 735.
Target prices, projected movements in terms of next session, unless otherwise stated
