Nifty
Current: 8,738 (fut: 8,785)
Target: NA
Stop-loss long positions at 8,710. Stop-short positions at 8,860. Big moves could go till 8,920, 8,650. A long 8,900c (70), short 9,000c (39) could gain 10-15 if the index moves till 8,850.
Bank Nifty
Current: 19,589 (futures: 19,706)
Target: NA
Stop-loss long positions at 19,600. Stop-loss short positions at 19810. Big moves could go till 20,025, 19,375. Uptrend could stay in force.
HCL Tech
Current price: Rs 809
Target price: Rs 825
Keep a stop at Rs 800 and go long. Add to the position between Rs 817 and Rs 820. Book profits at Rs 825.
PowerGrid
Current: Rs 181
Target: Rs 185
Keep a stop at Rs 179 and go long. Add to the position between Rs 183 and Rs 184. Book profits at Rs 185.
Zee Entertainment
Current: Rs 578
Target: Rs 568
Keep a stop at Rs 584 and go short. Add to the position between Rs 570 and Rs 571. Book profits at Rs 568.
Target prices, projected movements in terms of next session, unless otherwise stated
