Today's Picks: 15 March, 2017

Idea Cellular, Larsen & Toubro, Wipro

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Devangshu Dutta
Last Updated : Mar 15 2017 | 6:00 AM IST
Nifty
Current: 9,087 (fut: 9,098)
Target: NA
Stop-long positions at 9,020. Stop-short positions at 9,155. Big moves could go till 9,200, 8,980. A long 9,000p (47), short 8,900p (26) would gain 10-15 if profit-booking pulls the futures down till 9,025.

Bank Nifty       
Current: 21,103 (fut: 21,132)
Target: NA

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Stop-long positions at 21,000. Stop-short positions at 21,250. Big moves could go till 20,800, 21,450. Profit booking could peg the financial index temporarily.

IDEA CELLULAR            
Current price: Rs 103 
Target price: Rs 99 
Keep a stop at Rs 105 and go short. Add to the position between Rs 100 and Rs 101. Book profits at Rs 99. 

LARSEN & TOUBRO
Current price: Rs 1,558
Target price: Rs 1,525
Keep a stop at Rs 1,575 and go short. Add to the position between Rs 1,530 and Rs 1,535. Book profits at Rs 1,525. 

WIPRO
Current price: Rs 501 
Target price: Rs 510
Keep a stop at Rs 495 and go long. Add to the position between Rs 506 and Rs 508. Book profits 
at Rs 510
Target prices, projected movements in terms of next session, unless otherwise stated 

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