Today's picks- 10 December 2014

Nifty, Bank Nifty, BHEL, ONGC, LIC Housing Finance

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Devangshu Datta
Last Updated : Dec 10 2014 | 10:47 PM IST
NIFTY
Current: 8,355 (futures: 8,407)
Target: NA
Stop-loss shorts at 8,465. Stop long positions at 8,290. A long 8,500c (38) and long 8,300p (33) could gain 10-15 if the index swings 100 points.

BANK NIFTY
Current: 18,463 (futures: 18,615.3)
Target: 18,675 (futures: 18,800)
Keep a stop at 18,525 and go long. Add to the position between 18,725 and 18,750. Book profits at 18,800

BHEL
Current: Rs 253
Target: Rs 248
Keep a stop at Rs 256 and short. Add to the position between Rs 250 and Rs 251. Book profits at Rs 248

ONGC
Current: Rs 361
Target: Rs 367
Keep a stop at Rs 358 and go long. Add to the position between Rs 364 and Rs 365. Book profits at Rs 367.

LIC HOUSING FINANCE
Current: Rs 460
Target: Rs 468
Keep a stop at Rs 455 and go long. Add to the position between Rs 464 and Rs 466. Book profits at Rs 468.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Dec 10 2014 | 10:30 PM IST

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