Today's picks: 10 September 2015

Nifty, Bank Nifty, NMDC, Maruti Suzuki & Lupin

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Devangshu Datta New Delhi
Last Updated : Sep 10 2015 | 6:00 AM IST
NIFTY
Current: 7,819 (futures: 7,827)
Target: NA
Stop-short positions at 7,900. Stop-long positions at 7,730. Big moves could go till 7,950, 7,650. Profit booking is likely. A long 7,600p (85), short 7,500p (84) could gain 10-15 if the futures slides to 7,700.

BANK NIFTY
Current: 16,632 (fut: 16,633)
Target: NA
Stop-short positions at 16,725. Stop-long positions at 16,475. Big moves could go till 16,300, 16,900. Profit booking seems more likely.

NMDC
Current price: Rs 104 
Target price: Rs 101
Keep a stop at Rs 105.5 and go short. Add to the position between Rs 102 and Rs 103. Book profits at Rs 101.

MARUTI SUZUKI
Current price: Rs 4,305
Target price: Rs 4,350
Keep a stop at Rs 4,265 and go long. Add to the position between Rs 4,330 and Rs 4,340. Book profits at Rs 4,350.

LUPIN
Current price: Rs 1,836
Target price: Rs 1,870
Keep a stop at Rs 1,815 and go long. Add to the position between Rs 1,850 and Rs 1,860. Book profits at Rs 1,870.

Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Sep 10 2015 | 6:00 AM IST

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