Today's picks

Nifty, Bank Nifty, Lupin, Jindal Steel & BPCL

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Devangshu Datta
Last Updated : Jun 18 2014 | 10:30 PM IST
NIFTY
Current: 7,558 (fut: 7,556)
Target: NA
Stop short positions at 7,625. Stop-long positions at 7,475. Big moves could go till 7,425 or 7,675. A long 7,500p (50) and short 7,400p (26) could gain 10-15 if the Nifty dropped to 7,500.

BANK NIFTY
Current: 15,220 (futures: 15,230)
Target: 15,025
Keep a stop at 15,300 and short. Add to the position between 15,075 and 15,100. Book profits at 15,025.

LUPIN
Current: Rs 999
Target: Rs 1,020
Keep a stop at Rs 985 and go long. Add to the position between Rs 1,005 and Rs 1,010. Book profits above Rs 1,020.

JINDAL STEEL
Current: Rs 317
Target: Rs 305
Keep a stop at Rs 322 and short. Add to the position between Rs 310 and Rs 312. Book profits at Rs 305.

BPCL
Current: Rs 592
Target: Rs 570
Keep a stop at Rs 605 and short. Add to the position between Rs 575 and Rs 580. Book profits at Rs 570.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Jun 18 2014 | 10:30 PM IST

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