Nifty
Current: 11,520 (fut: 11,580),
Target: NA
Stop-long positions at 11,500. Stop-short positions at 11,655.
Big moves could go till 11,725, 11,425. A long 11,500p (109), short 11,400p (79) could gain 15-20 if the index breaks below 11,475.
Bank Nifty
Current: 27,430 (fut: 27,638)
Target: NA
Stop-long positions at 27,475. Stop-short positions at 27,800. Big moves could go till 27,300, 28,000. Downtrend may
continue.
Tech Mahindra
Current price: Rs 764
Target price: Rs 775
Keep a stop at Rs 758 and go
long. Add to the position between Rs 770 and Rs 772. Book profits at Rs 775.
HPCL
Current price: Rs 250
Target price: Rs 245
Keep a stop at Rs 252 and go
short. Add to the position between Rs 246 and Rs 247.
Book profits at Rs 245.
Adani Ports
Current price: Rs 374
Target price: Rs 368
Keep a stop at Rs 378 and go short. Add to the position between Rs 370 and Rs 371.
Book profits at Rs 368.
Target prices, projected movements in terms of next session, unless otherwise stated