Today's picks: 12 September 2017

Nifty, Bank Nifty, Larsen & Toubro, Ambuja Cements, Infosys

Image
Devangshu Datta
Last Updated : Sep 12 2017 | 6:00 AM IST
Nifty       
Current: 10,006  (fut: 10,024) Target: NA
Stop-long positions at 9,975. Stop-short positions at 10,075. Big moves could go till 9,900, 10,150. A long 10,100c (53), short 10,200c (24) bullspread could gain 10-15 if the index breaks 10,075.

Bank Nifty       
Current: 24,672   (fut: 24,651)  
Target: NA  

Also Read

Stop-long positions at 24,550. Stop-short positions at 24,750. Big moves could go till 25,000, 24,300. Uptrend is likely to continue.

Larsen & Toubro             
Current price: Rs 1,218 
Target price: Rs 1,240
Keep a stop at Rs 1,205 and go long. Add to the position between Rs 1,230 and Rs 1,235. Book profits at Rs 1,240.  

Ambuja Cements 
Current price: Rs 285
Target price: Rs 290
Keep a stop at Rs 282 and go long. Add to the position between Rs 288 and Rs 289. Book profits at Rs 290.

Infosys           
Current price: Rs 879   
Target price: Rs 865
Keep a stop at Rs 888 and go short. Add to the position between Rs 868 and Rs 871. Book profits at Rs 865.   Target prices, projected movements in terms of next session, unless otherwise stated

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*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

Next Story