Today's picks- 15 September 2015

Nifty, Bank Nifty, BPCL, Hindalco & NTPC

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Devangshu Datta
Last Updated : Sep 15 2015 | 6:00 AM IST
NIFTY

Current: 7,872 (futures: 7,875)
Target: NA

Stop-loss short positions at 7,935. Stop-loss long positions at 7,820. Big moves could go till 7,750, 8,000. A long 8,000c (80), short 8,100c (46) could gain 10-15 if the futures moves till 7,950.

BANK NIFTY

Current: 16,912 (fut: 16,920)
Target: NA

Stop-loss long positions at 16,800. Stop-loss short positions at 17,050. Big moves could go 16,600, 17,225. A continuation of the rally seems possible.

BPCL

Current price: Rs 880
Target price: Rs 900

Keep a stop at Rs 870 and go long. Add to the position between Rs 890 and Rs 894. Book profits at Rs 900.

HINDALCO

Current price: Rs 79
Target price: Rs 76.5

Keep a stop at Rs 80.5 and short. Add to the position between Rs 77 and Rs 78. Book profits at Rs 76.5.

NTPC

Current price: Rs 126
Target price: Rs 130

Keep a stop at Rs 124 and go long. Add to the position between Rs 128 and Rs 129. Book profits at Rs 130.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Sep 15 2015 | 6:00 AM IST

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