Today's picks

Nifty, Bank Nifty, TCS, Gail & Asian Paints

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Devangshu Datta
Last Updated : Jun 19 2014 | 10:44 PM IST
NIFTY
Current: 7,541 (fut: 7,557)
Target: NA
Stop short positions at 7,625. Stop long positions at 7,490. Big moves could go till 7,425 or 7,675. A long 7,700c (17) and long 7,400p (18) could gain 15-20 on a 100-point move in either direction. (All futures prices)

BANK NIFTY
Current: 15,067 (futures: 15,122)
Target: 14900 (futures: 14,950)
Keep a stop at 15,200 and go short. Add to the position between 14,975 and 15,000. Book profits below 14,950.
(All futures prices)

TCS
Current: Rs 2,276
Target: Rs 2,220
Keep a stop at Rs 2,300 and go short. Add to the position between Rs 2,235 and Rs 2,255. Book profits at Rs 2,220.

GAIL
Current: Rs 444
Target: Rs 430
Keep a stop at Rs 450 and go short. Add to the position between Rs 435 and Rs 440. Book profits at Rs 430.

ASIAN PAINTS
Current: Rs 568
Target: Rs 580
Keep a stop at Rs 562 and go long. Add to the position between Rs 574 and Rs 578. Book profits above Rs 580.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Jun 19 2014 | 10:30 PM IST

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