NIFTY
Current: 8,370 (futures: 8,387)
Target: NA
Stop-loss short positions at 8,455.
Stop-long positions at 8,320. Big moves could go till 8,510, 8,265. A long 8,500c (67), short 8,600c (37) could gain 15-20 if 8,500 is hit.
BANK NIFTY
Current: 18,097 (fut: 18,149)
Target: NA
Stop-loss short positions at 18,250.
Stop-long positions at 18,050. Big moves could go till 17,850, 18,450. Trend looks bullish but big resistances between 18,250 and 18,300.
BHEL
Current price: Rs 138
Target price: Rs 142
Keep a stop at Rs 136.5 and go long. Add to the position between Rs 140 and Rs 141. Book profits at Rs 142.
ACC
Current price: Rs 1,605
Target price: Rs 1,575
Keep a stop at Rs 1,622 and go short. Add to the position between Rs 1,580 and Rs 1,585. Book profits at Rs 1,575.
ZEE ENTERTAINMENT
Current price: Rs 462
Target price: Rs 470
Keep a stop at 458 and go long. Add to the position between 466-468. Book profits at 470.
Target prices, projected movements in terms of next session, unless otherwise stated
