Today's picks- 10 September 2014

Nifty, Bank Nifty, Hero MotoCorp, IDFC & ITC

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Devangshu Datta
Last Updated : Sep 10 2014 | 10:31 PM IST
NIFTY
Current: 8,094.10 (fut: 8,137.10)
Target: NA
Stop short positions at 8,200. Stop long positions at 8,065. Big moves could go till 8,000 or till 8,250. A long 8,300c (20), short 8,400c (7) would double on a big uptrend. (All futures prices)

BANK NIFTY
Current: 16,151.75 (fut: 16,257)
Target: 16,325 (fut: 16,400)
Keep a stop at 16,175 and go long. Add to the position between 16,325 and 16,350. Book profits at 16,400. (All futures prices)

HERO MOTOCORP
Current: Rs 2,683
Target: Rs 2,720
Keep a stop at Rs 2,660 and go long. Add to the position between Rs 2,700 and Rs 2,710. Book profits at Rs 2,720.

IDFC
Current: Rs 145
Target: Rs 150
Keep a stop at Rs 143 and go long. Add to the position between Rs 148 and Rs 149. Book profits at Rs 150.

ITC
Current: Rs 351
Target: Rs 345
Keep a stop at Rs 354 and short. Add to the position between Rs 347 and Rs 348. Book profits at Rs 345.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Sep 10 2014 | 10:30 PM IST

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