Today's picks- 17 December 2014
Nifty, Bank Nifty, DLF, Tata Steel & Bharti Airtel
NIFTY
Current: 8029.8(futures:8,053.95)
Stop-loss long positions at 7,975. Stop short positions at 8,125. A long 8,200c (20) and long 7,900p (30) could gain 15-20 if there is a big move triggered in either direction.
BANK NIFTY
Current:17,865.75(futures: 17,975)
Target: 18,075 (futures: 18,175)
Keep a stop at 17,850 and go long. Add to the position between 18,100 and 18,125. Book profits at 18,175.
DLF
Current: Rs 134
Target: Rs 131
Keep a stop at Rs 136 and short. Add to the position between Rs 132 and Rs 133. Book profits at Rs 131.
TATA STEEL
Current: Rs 393
Target: Rs 400
Keep a stop at Rs 389 and go long. Add to the position between Rs 397 and Rs 398. Book profits at Rs 400.
BHARTI AIRTEL
Current: Rs 342
Target: Rs 348
Keep a stop at Rs 337 and go long. Add to the position between Rs 345 and Rs 346. Book profits at Rs 348.
Current: 8029.8(futures:8,053.95)
Stop-loss long positions at 7,975. Stop short positions at 8,125. A long 8,200c (20) and long 7,900p (30) could gain 15-20 if there is a big move triggered in either direction.
BANK NIFTY
Current:17,865.75(futures: 17,975)
Target: 18,075 (futures: 18,175)
Keep a stop at 17,850 and go long. Add to the position between 18,100 and 18,125. Book profits at 18,175.
DLF
Current: Rs 134
Target: Rs 131
Keep a stop at Rs 136 and short. Add to the position between Rs 132 and Rs 133. Book profits at Rs 131.
TATA STEEL
Current: Rs 393
Target: Rs 400
Keep a stop at Rs 389 and go long. Add to the position between Rs 397 and Rs 398. Book profits at Rs 400.
BHARTI AIRTEL
Current: Rs 342
Target: Rs 348
Keep a stop at Rs 337 and go long. Add to the position between Rs 345 and Rs 346. Book profits at Rs 348.
Target prices, projected movements in terms of next session, unless otherwise stated