Today's picks- 14 August 2014

Nifty, Bank Nifty, HCL Technologies, Coal India & Hindustan Unilever

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Devangshu Datta New Delhi
Last Updated : Aug 14 2014 | 12:12 AM IST
NIFTY
Current: 7,739 (fut: 7,740)
Target: NA
Stop-loss shorts at 7,800. Stop long positions at 7,670. Big moves could go till 7,625 or 7,850. A long 7,600p (30) and short 7,500p (15) could double if the futures drop below 7,675.

BANK NIFTY
Current: 14,910 (futures: 14,940)
Target: 14,725 (futures: 14,750)
Keep a stop at 15,025 and short. Add to the position between 14,800 and 14,825. Book profits at 14,750. (All futures prices)

HCL TECHNOLOGIES
Current: Rs 1,560
Target: Rs 1,590
Keep a stop at Rs 1,540 and go long. Add to the position between Rs 1,570 and Rs 1,575. Book profits at Rs 1,590.

COAL INDIA
Current: Rs 353
Target: Rs 345
Keep a stop at Rs 357 and short. Add to the position between Rs 347 and Rs 349. Book profits at Rs 345

HINDUSTAN UNILEVER
Current: Rs 719
Target: Rs 732
Keep a stop at Rs 709 and go long. Add to the position between Rs 722 and Rs 725. Book profits at Rs 732.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Aug 13 2014 | 10:35 PM IST

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