Today's picks

Nifty, Bank Nifty, Bhel, DLF & ITC

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Devangshu Datta
Last Updated : Jul 15 2014 | 10:42 PM IST
NIFTY
Current: 7,527 (fut: 7,534)
Target: NA
Stop-loss shorts at 7,575. Stop long positions at 7,475. Big moves could go till 7,400 or 7,650. A long 7,600c (54) and short 7,700c (29) could gain 10-15 if the futures hit 7,600. (All futures prices)

BANK NIFTY
Current: 14,892 (futures: 14,925)
Target: 15,075 (futures: 14,125)
Keep a stop at 14,875 and go long. Add to the position between 14,025 and 14,050. Book profits at 14,125. (All futures prices)

BHEL
Current: Rs 235
Target: Rs 242
Keep a stop at Rs 231 and go long. Add to the position between Rs 237 and Rs 239. Book profits at Rs 242.

DLF
Current: Rs 213
Target: Rs 220
Keep a stop at Rs 208 and go long. Add to the position between Rs 216 and Rs 218. Book profits at Rs 220.

ITC
Current: Rs 342
Target: Rs 337
Keep a stop at Rs 345 and short. Add to the position between Rs 339 and Rs 341. Book profits at Rs 337.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Jul 15 2014 | 10:30 PM IST

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