Nifty
Current: 8,543 (fut: 8,564),
Target: NA
Stop long positions at 8,490. Stop short positions at 8,630. Big moves could go till 8,420, 8,700. A relief rally is likely if Clinton wins. In that case, a long 8,700c (65), short 8,800c (35) could gain 20-25.
Bank Nifty
Current: 19,500 (fut: 19,575)
Target: NA
Stop long positions at 19,450. Stop short positions at 19,700. Big moves could go till 19,900, 18,225. An uptrend is likely on a Clinton victory.
Tata Motors
Current price: Rs 540
Target price: Rs 530
Keep a stop at Rs 546 and go short. Add to the position between Rs 532-535. Book profits at Rs 530.
HCL Technologies
Current price: Rs 809
Target price: Rs 825
Keep a stop at Rs 800 and go long. Add to the position between Rs 820-823. Book profits at Rs 825.
Auro Pharma
Current price: Rs 755
Target price: Rs 770
Keep a stop at Rs 747 and go long. Add to the position between Rs 763-766. Book profits at Rs 770.
Target prices, projected movements in terms of next session, unless otherwise stated
