Today's picks- 10 November 2014

Nifty, Bank Nifty, PowerGrid, Jindal Steel & Power & Sun Pharma

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Devangshu Datta New Delhi
Last Updated : Nov 10 2014 | 10:53 PM IST
Nifty
Current: 8,345 (fut: 8,385)
Target: NA
Stop-loss shorts at 8,450. Stop long positions at 8,300. Big moves could go till 8,500 or 8,250. A long 8,500c (39) and long 8,200p (30) combination could gain 10-15 on a big move.

Bank Nifty
Current: 17,262 (fut: 17,382)
Target: 17,450 (fut: 17,525)
Keep a stop at 17,300 and go long. Add to the position between 17,475 and 17,500. Book profits at 17,525. (All future prices)

PowerGrid
Current: Rs 148
Target: Rs 153
Keep a stop at Rs 146 and go long. add to the position between Rs 150 and Rs 151. Book profits at Rs 153.

Jindal Steel & Power
Current: Rs 156
Target: Rs 150
Keep a stop at Rs 159 and go long. Add to the position between Rs 152 and Rs 153. Book profits at Rs 150.

Sun Pharma
Current price: Rs 911
Target price: Rs 940
Keep a stop at Rs 900 and go long. Add to the position between Rs 925 and Rs 930. Book profits at Rs 940.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Nov 10 2014 | 10:28 PM IST

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