Today's picks- 1 January 2014

Nifty, Bank Nifty, Jindal Steel, Bharti Airtel & Coal India

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Devangshu Datta
Last Updated : Jan 01 2015 | 10:33 PM IST
NIFTY
Current: 8,285 (fut: 8;347)
Target: NA
Stop-loss short positions at 8,405. Stop- long positions at 8,290. A long 8,200p (74), short 8,100p (52) could gain 15-20 if the futures drop below 8,250.

BANK NIFTY
Current: 18,750 (futures: 18,915)
Target: 18,600 (18,700)
Keep a stop at 19,000 and short. Add to the position between 18,725 and 18,750. Book profits at 18,700.

JINDAL STEEL
Current: Rs 157
Target: Rs 154
Keep a stop at Rs 159 and go short. Add to the position between Rs 155 and Rs 156. Book profits at Rs 154.

BHARTI AIRTEL
Current: Rs 363
Target: Rs 370
Keep a stop at Rs 359 and go long. Add to the position between Rs 366 and Rs 368. Book profits at Rs 370.

COAL INDIA
Current: Rs 380
Target: Rs 374
Keep a stop at Rs 383 and go short. Add to the position between Rs 375 and Rs 376. Book profits at Rs 374.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Jan 01 2015 | 10:30 PM IST

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