Business Standard

Today's picks: 15 September 2017

Nifty, Bank Nifty, Infoys, Mahindra & Mahindra, Vedanta

Devangshu Datta 

Nifty
      
Current: 10,087  (fut: 10,087) Target: NA
 
Stop-long positions at 10,025. 
 
Stop-short positions at 10,150. 
 
Big moves could go till 10,225, 9,975. 
 
A long 10,000p (38), short 9,900p (23) could gain 10-15 if 10,000 is struck.

Bank  
    
Current: 24,912  (fut: 24,941)
 
Target: NA  
 
Stop-long positions at 24,825. 
 
Stop-short positions at 25,075. 
 
Big moves could go till 24,650, 25,250.
 
Resistance at 25,000.

Infosys           
 
Current price: Rs 892
 
Target price: Rs 910
 
Keep a stop at Rs 885 and go long. 
 
Add to the position between Rs 902 and Rs 905. 
 
Book profits at Rs 910. 

Mahindra & Mahindra 
 
Current price: Rs 1,290
 
Target price: Rs 1,315
 
Keep a stop at Rs 1,280 and go long. 
 
Add to the position between Rs 1,305 and Rs 1,310.
 
Book profits at Rs 1,315.

        
 
Current price: Rs 320  
 
Target price: Rs 313
 
Keep a stop at Rs 324 and go short. 
 
Add to the position between Rs 315 and Rs 317. 
 
Book profits at Rs 313.
Target prices, projected movements in terms of next session, unless otherwise stated

First Published: Fri, September 15 2017. 06:00 IST
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