Today's picks- 11 November 2015

Nifty, Bank Nifty, Adani Ports, Ambuja Cement & Bajaj Auto

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Devangshu Datta
Last Updated : Nov 11 2015 | 6:00 AM IST
Nifty
Current: 7,783 (futures: 7,803)
Target: NA

Stop-loss long positions at 7,740. Stop-short positions at 7,855. Big moves could go till 7,675, 7,925. But Diwali trading tends to be low amplitude. A long 7,700p (57), short 7,600p (32) could gain 10-15 if the downtrends hits 7,700.

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Bank Nifty
Current: 16,836 (fut: 16,864)
Target: NA

Stop-loss short positions at 17,010.
Stop-long positions at 16,750. Big moves are not likely but the limits could be 16,600, 18,200. A downtrend looks a
little more likely.

Adani Ports
Current price: Rs 266
Target price: Rs 262

Keep a stop at Rs 268 and go short. Add to the position between Rs 263 and Rs 264. Book profits at Rs 262.

Ambuja Cement
Current price: Rs 197
Target price: Rs 201

Keep a stop at Rs 195 and go long. Add to the position at Rs 199 and Rs 200. Book profits at Rs 201.

Bajaj Auto
Current price: Rs 2,457
Target price: Rs 2,420

Keep a stop at Rs 2,480 and go short. Add to the position between Rs 2,425 and Rs 2,435. Book profits at Rs 2,420.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Nov 11 2015 | 6:00 AM IST

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