Today's picks

Nifty, YES Bank, Tech Mahindra, Idea Cellular & Hndalco

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Devangshu Datta
Last Updated : Jul 22 2014 | 10:30 PM IST
NIFTY
Current: 7,768 (fut: 7,771)
Target: NA
Stop-loss shorts at 7,825. Stop long positions at 7,690. Big moves could go till 7,875 (a new record) or 7,650. A long 7,800c (40) and short 7,900c (12) could gain 10-15 if the futures cross 7,825. (All futures prices above)

YES BANK
Current: Rs 546
Target: Rs 535
Keep a stop at Rs 552 and short. Add to the position between Rs 538 and Rs 540. Book profits at Rs 535.

TECH MAHINDRA
Current: Rs 2,135
Target: Rs 2,175
Keep a stop at Rs 2,120 and go long. Add to the position between Rs 2,155 and Rs 2,165. Book profits at Rs 2,175.

IDEA CELLULAR
Current: Rs 147
Target: Rs 152
Keep a stop at Rs 144 and go long. Add to the position between Rs 149 and Rs 150. Book profits at Rs 152.

HNDALCO
Current: Rs 188
Target: Rs 193
Keep a stop at Rs 185 and go long. Add to the position between Rs 191 and Rs 192. Book profits at Rs 193.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Jul 22 2014 | 10:30 PM IST

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