Today's picks

Nifty, Bank Nifty, BHEL, Coal India & PowerGrid

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Devangshu Datta
Last Updated : Jul 02 2014 | 10:41 PM IST
NIFTY
Current: 7,725 (fut: 7,748)
Target: NA
Stop short positions at 7,775. Stop long positions at 7,675. Big moves could go till 7,825 or 7,625. A long 7,800c (124) and short 7,900c (81) could gain 15-20 if the index rises above 7,775.

BANK NIFTY
Current: 15,490 (futures: 15,596)
Target: 15,620 (futures: 15,725)
Keep a stop at 15,525 and go long. Add to the position between 15,650 and 15,675. Book profits above 15,725. (All futures prices above)

BHEL
Current: Rs 259
Target: Rs 265
Keep a stop at Rs 255 and go long. Add to the position between Rs 261 and Rs 263. Book profits at Rs 265.

COAL INDIA
Current: Rs 394
Target: Rs 400
Keep a stop at Rs 389 and go long. Add ot the position between Rs 395 and Rs 398. Book profits at Rs 400.

POWERGRID
Current: Rs 141
Target: Rs 146
Keep a stop at Rs 139 and go long. Add to the position beween Rs 143 and Rs 144. Book profits at Rs 146.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Jul 02 2014 | 10:30 PM IST

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