Today's picks

Nifty, Bank Nifty, HDFC, GAIL & HCL Tech

Image
Devangshu Datta
Last Updated : Jul 21 2014 | 9:59 PM IST
NIFTY
Current: 7,684 (fut: 7,682)
Target: NA
Stop-loss shorts at 7,755. Stop long positions at 7,625. Big moves could go till 7,800 or 7,575. A long 7,600p (36) and short 7,500p (19) could gain 15-20 if 7,600 is hit. (All futures prices)

BANK NIFTY
Current: 15,396 (futures: 15,410)
Target: 15,225 (futures: 15,250)
Keep a stop at 15,475 and short. Add to the position between 15,300 and 15,325. Book profits at 15,250. (All futures prices)

HDFC
Current: Rs 1,010
Target: Rs 1,030
Keep a stop at Rs 995 and go long. Add to the position between Rs 1,020 and Rs 1,025. Book profits at Rs 1,030.

GAIL
Current: Rs 438
Target: Rs 430
Keep a stop at Rs 443 and short. Add to the position between Rs 432 and Rs 434. Book profits at Rs 430.

HCL TECH
Current: Rs 1,508
Target: Rs 1,540
Keep a stop at Rs 1,494 and go long. Add to the position between Rs 1,520 and Rs 1,530. Book profits at Rs 1,540.
Target prices, projected movements in terms of next session, unless otherwise stated
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 21 2014 | 9:50 PM IST

Next Story