Today's picks

Nifty, Bank Nifty, Tata Motors, Sesa Sterlite & Hindustan Unilever

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Devangshu Datta
Last Updated : Jun 05 2014 | 10:30 PM IST
NIFTY
Current: 7,474 (futures: 7,498)
Stop shorts at 7,565, long at 7,425. Big moves could go till 7,625 or 7,375. A deep strangle of long 7,300p (37) and long 7,700c (25) could gain 15-20 on a big swing. (All futures prices)

BANK NIFTY
Current: 15,282 (futures: 15,330)
Target: 15,450 (futures: 15,475)
Keep a stop-loss at 15,250 and go long. Add to the position between 15,375 and 15,400. Book profits above 15,475. (All futures prices)

TATA MOTORS
Current: Rs 435
Target: Rs 445
Keep a stop at Rs 430 and go long. Add to the position between Rs 438 and Rs 443. Book profits at Rs 445.

SESA STERLITE
Current: Rs 315
Target: Rs 322
Keep a stop at Rs 309 and go long. Add to the position between Rs 316 and Rs 320. Book profits at Rs 322.

HINDUSTAN UNILEVER
Current: Rs 630
Target: Rs 615
Keep a stop at Rs 639 and go short. Add to the position between Rs 620 and Rs 625. Book profits at Rs 615.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Jun 05 2014 | 10:30 PM IST

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