Today's Picks: 1 December, 2017

Nifty, Bank Nifty, Aurobindo Pharma and more

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Devangshu Datta
Last Updated : Dec 01 2017 | 6:30 AM IST
Nifty       
Current:  10,226 (fut: 10,278) Target: NA
Stop-long positions at 10,200. Stop-short positions at 10,355. Big moves could go till 10,400, 10,150. A long 10,200p (106), 10,100p (71), could gain 15-20 if the index tests 10200. 

Bank Nifty       
Current: 25,332 (futures: 25,469) 
Target: NA  

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Stop-long positions at 24,350. Stop-short positions at 25,575. Big moves could go till 25,100, 25,800. Trend could stay down but high volatility likely.

Aurobindo Pharma              
Current price: Rs 693  
Target price: Rs 682
Keep a stop at Rs 700 and go long. Add to the position between Rs 684 and Rs 686. Book profits at Rs 682.

Hindalco
Current price: Rs 240.5  
Target price: Rs 236
Keep a stop at Rs 243 and go short. Add 
to the position between Rs 237 and Rs 238. Book profits at Rs 236. 

Wipro
Current price: Rs 292  
Target price: Rs 297
Keep a stop at Rs 289 and go long. Add to the position between Rs 295 and Rs 296. Book profits at Rs 297. 
 
Target prices, projected movements in terms of next session, unless otherwise stated

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