Today's picks
Nifty, Bank Nifty, Sun Pharma, Bharti Airtel & HDFC
NIFTY
Current: 7,651 (futures: 7,672)
Stop shorts at 7,475, long at 7,345. Stop shorts at 7,745, long at 7,595. Big moves could go till 7,550 or 7,775. A long 7,700c (67) and short 7,800c (32) could gain 15-20 if the index hits 7,725.
BANK NIFTY
Current: 15,485 (futures: 15,551)
Target: 15,625 (futures: 15,675)
Keep a stop at 15,500 and go long. Add to the position between 15,600 and 15,625. Book profits above 15,675. (All futures prices)
SUN PHARMA
Current: Rs 631
Target: Rs 644
Keep a stop at Rs 625 and go long. Add to the position between Rs 636 and Rs 640. Book profits at Rs 644.
BHARTI AIRTEL
Current: Rs 342
Target: Rs 332
Keep a stop at Rs 346 and go short. Add to the position between Rs 336 and Rs 338. Book profits below Rs 332.
HDFC
Current: Rs 982
Target: Rs 1,000
Keep a stop at Rs 970 and go long. Add to the position between Rs 985 and Rs 990. Book profits at Rs 1,000.
Current: 7,651 (futures: 7,672)
Stop shorts at 7,475, long at 7,345. Stop shorts at 7,745, long at 7,595. Big moves could go till 7,550 or 7,775. A long 7,700c (67) and short 7,800c (32) could gain 15-20 if the index hits 7,725.
BANK NIFTY
Current: 15,485 (futures: 15,551)
Target: 15,625 (futures: 15,675)
Keep a stop at 15,500 and go long. Add to the position between 15,600 and 15,625. Book profits above 15,675. (All futures prices)
SUN PHARMA
Current: Rs 631
Target: Rs 644
Keep a stop at Rs 625 and go long. Add to the position between Rs 636 and Rs 640. Book profits at Rs 644.
BHARTI AIRTEL
Current: Rs 342
Target: Rs 332
Keep a stop at Rs 346 and go short. Add to the position between Rs 336 and Rs 338. Book profits below Rs 332.
HDFC
Current: Rs 982
Target: Rs 1,000
Keep a stop at Rs 970 and go long. Add to the position between Rs 985 and Rs 990. Book profits at Rs 1,000.
Target prices, projected movements in terms of next session, unless otherwise stated