Today's picks- 12 March 2015

Nifty, Bank Nifty, Cairn, Bajaj Auto & NTPC

Image
Devangshu Datta
Last Updated : Mar 12 2015 | 11:28 PM IST
NIFTY
Current: 8,776 (fut: 8,808)
Target: NA
Stop-loss long positions at 8,725. Stop-shorts at 8,880. A long 8,900c (58), short 9,000c (30) could gain 15-20 if the futures crosses 8,900.

BANK NIFTY
Current: 19,141 (futures: 19,258)
Target: 19,300 (futures: 19,400)
Keep a stop at 19,150 and go long. Add to the position between 19,350 and 19,375. Book profits at 19,400.

CAIRN
Current: Rs 234
Target: Rs 228
Keep a stop at Rs 237 and go short. Add to the position between Rs 229 and Rs 230. Book profits at Rs 228

BAJAJ AUTO
Current: Rs 2,073
Target: Rs 2,035
Keep a stop at Rs 2,100 and short. Add to the position between Rs 2,045 and Rs 2,055. Book profits at Rs 2,035.

NTPC
Current: Rs 160
Target: Rs 164
Keep a stop at Rs 158 and go long. Add to the position between Rs 163 and Rs 164. Book profits at Rs 164.
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: Mar 12 2015 | 10:30 PM IST

Next Story