HDFC
Current price: Rs 866
Target price: Rs 890
The stock hit a new high on decent volumes. It could move till the Rs 890-900 mark if it consolidates above Rs 865. Keep a stop at Rs 855 and go long. Add to the position between Rs 873-800. Book profits above Rs 890. If Rs 855 is broken, a fall till Rs 835-840 is likely.
TATA STEEL
Current price: Rs 400
Target price: Rs 390
The stock could react till the Rs 385-390 level. Keep a stop at Rs 405 and go short. Add to the position between Rs 394-398. Book profits below Rs 390.
Current price: Rs 866
Target price: Rs 890
The stock hit a new high on decent volumes. It could move till the Rs 890-900 mark if it consolidates above Rs 865. Keep a stop at Rs 855 and go long. Add to the position between Rs 873-800. Book profits above Rs 890. If Rs 855 is broken, a fall till Rs 835-840 is likely.
TATA STEEL
Current price: Rs 400
Target price: Rs 390
The stock could react till the Rs 385-390 level. Keep a stop at Rs 405 and go short. Add to the position between Rs 394-398. Book profits below Rs 390.
CAIRN
Current price: Rs 327
Target price: Rs 318
A slide till Rs 315-318 is possible. Keep a stop at Rs 332 and go short. Add to the position between Rs 321-324. Book profits below Rs 318.
Current price: Rs 327
Target price: Rs 318
A slide till Rs 315-318 is possible. Keep a stop at Rs 332 and go short. Add to the position between Rs 321-324. Book profits below Rs 318.
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