Today's picks

Nifty, Bank Nifty, ONGC, Lupin & Bharti Airtel

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Devangshu Datta New Delhi
Last Updated : Apr 22 2014 | 10:36 PM IST
NIFTY
Current: 6,815 (futures: 6,836)
Target: NA
Stop-loss long positions at 6,775 and stop-loss shorts at 6,865. Breakouts/ breakdowns are unlikely but moves beyond 6,775-6,865 could go till 6,725 or 6,900. (All April futures prices)

BANK NIFTY
Current: 12,987 (futures: 13,017)
Target: 13,125
Keep a stop-loss at 12,950 and go long. Add to the position between 13,050 and 13,075. Book profits at 13,125. If 12,950 is broken, the index could fall till 12,850. (All April futures prices)

ONGC
Current: Rs 327
Target: Rs 337
Keep a stop at Rs 320 and go long. Add to the position between Rs 331 and Rs 334. Book profits above Rs 337.

LUPIN
Current: Rs 983
Target: Rs 955
Keep a stop at Rs 1,000 and go short. Add to the position between Rs 965 and Rs 975. Book profits at Rs 955.

BHARTI AIRTEL
Current: Rs 335
Target: Rs 325
Keep a stop at Rs 339 and short. Add to the position between Rs 328 and Rs 331. Book profits at Rs 325.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Apr 22 2014 | 10:30 PM IST

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