Today's picks

Nifty, Coal India, TCS & Bank of Baroda

Image
Devangshu Datta New Delhi
Last Updated : Jan 08 2014 | 10:30 PM IST
NIFTY
Current: 6,175 (futures: 6,198);
Target: NA
Stop-loss shorts at 6,250 and stop loss long positions at 6,150. Breakouts or breakdowns could go till 6,300 or 6,100, respectively. The bearspread of long 6,200p (93) and short 6,100p (55) can be held - it will be gain 15-20 if the index drops below 6,125.

COAL INDIA

Also Read

Current: Rs 289;
Target: Rs 297
Keep a stop at Rs 285 and go long. Add to the position between Rs 292 and Rs 294. Book profits at Rs 297.

TCS
Current price: Rs 2,232;
Target price: Rs 2,258
Keep a stop at Rs 2,210 and go long. Add to the position between Rs 2,240 and Rs 2,255. Book profits at Rs 2,258.

BANK OF BARODA
Current price: Rs 630;
Target price: Rs 615
Keep a stop at Rs 636 and go short. Add to the position between Rs 620 and Rs 625. Book profits at Rs 615.
The target prices and projected movements given above are in terms of the next one trading session, unless otherwise stated

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 08 2014 | 10:30 PM IST

Next Story