Today's picks- 10 June 2015

Nifty, Bank Nifty, HCL Tech, BHEL & L&T

NIFTY
Current: 8,124 (futures: 8,120)
Target: NA
Stop loss short positions at 8,200. Stop long positions at 8,045. If the uptrend continues till 8,200, a long 8,200c (72), short 8,300c (40) could gain 15-20.

BANK NIFTY
Current: 17,707 (futures: 17,670)
Target: 17,850 (futures: 17,875)
Keep a stop at 17,575 and go long. Add to the position between 17,800-17,825. Book profits at 17,875.

HCL TECH
Current: Rs 943
Target: Rs 960
Keep a stop at 930 and go long. Add to the position between 950-955. Book profits at 960.

BHEL
Current: Rs 251
Target: Rs 256
Keep a stop at 248 and go long. Add to the position between 254-255. Book profits at 256.

L&T
Current: Rs 1,706
Target: Rs 1,730
Keep a stop at 1,690 and go long. Add to the position between 1,715-1,725. Book profits at 1,730.

Target prices, projected movements in terms of next session, unless otherwise stated