NIFTY
Current: 8,769 (fut: 8,802)
Target: NA
Stop-loss long positions at 8,700. Stop-loss short positions at 8,875. Big moves could go till 8,930, 8,670. A long 8,900c (69), short 9,000c (39) could gain 10-15 if the futures moves till 8,850.
BANK NIFTY
Current: 19,672 (futures: 19,809)
Target: NA
Stop-loss long positions at 19,700. Stop-short positions at 19,900. Big moves could go till 20,150, 19,500. An uptrend looks more likely.
LIC HOUSING
Current price: Rs 598
Target price: Rs 610
Keep a stop at Rs 592 and go long. Add to the position between Rs 603 and Rs 606. Book profits at Rs 610.
BPCL
Current: Rs 637
Target: Rs 650
Keep a stop at Rs 631 and go long. Add to the position between Rs 643 and Rs 646. Book profits at Rs 650.
MAHINDRA & MAHINDRA
Current: Rs 1,415
Target: Rs 1,390
Keep a stop at Rs 1,430 and go short. Add to the position between Rs 1,395 and Rs 1,400. Book profits at Rs 1,390.
Target prices, projected movements in terms of next session, unless otherwise stated
