The immediate support for the benchmark index, Nifty, in the upcoming session is at 8613 and the day traders may short the Nifty if it trades below this mark to cover at 8595. On the flip side, they may go long in Nifty if it trades above 8642 for a target of 8675.
The short term traders may consider adding Hindalco for a possible target of 164.65 with stop loss at 145.
The mid term investors may consider adding Indusind Bank at 1143.45 in small quantity.
Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.
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