Today's picks: 15 December, 2017

Nifty, Bank Nifty, HPCL, TCS, M&M

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Devangshu Datta
Last Updated : Dec 15 2017 | 6:00 AM IST
Nifty 
Current: 10252 (fut: 10285), 
Target: NA
Stop long positions at 10,210. Stop short positions at 10350. Big moves could go till 10,400, 10,150. Market may range trade until election results. A long 10,100p (80), 10,400c (82) has break-evens at 10,562, 9,938 and may be worth holding for 3-4 sessions. 

Bank Nifty 
Current: 25,038   (fut: 25,218)

Also Read

Target: NA
Stop long positions at 25,100. Stop short positions at 25,325. Big moves could go till 24,900, 25,450 but range trading likely until election results. 

HPCL  
Current price: Rs 437
Target price: Rs 445
Keep a stop at Rs 432 and go long. Add to the position between Rs 442 and Rs 443. Book profits at Rs 445. 

TCS  
Current price: Rs 2,557
Target price: Rs 2,515
Keep a stop at Rs 2,580 and go short. Add to the position between Rs 25,20 and Rs 2,530. Book profits at Rs 2,515. 

M&M   
Current price: Rs 1,432
Target price: Rs 1,455
Keep a stop at Rs 1,420 and go long. Add to the position between Rs 1,446 and Rs 1,452. Book profits at Rs 1,455. 
Target prices, projected movements in terms of next session, unless otherwise stated.

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