Today's picks- 17 November 2014

Nifty, Bank Nifty, Tata Motors, DLF & BHEL

Image
Devangshu Datta
Last Updated : Nov 17 2014 | 10:33 PM IST
NIFTY
Current: 8,430 (futures: 8,452.45)
Stop short positions at 8,500. Stop long positions at 8,390. Big swings could go till 8,350 or 8,550. Some upside bias. A long 8,500c (39) and short 8,600c (13) could gain 15-20 if 8,500 is hit.

BANK NIFTY
Current: 17,640 (futures: 17,675)
Target: 17,750 (futures: 17,825)
Keep a stop at 17,600 and go long. Add to the position between 17,775 and 17,800. Book profits at 17,825.

TATA MOTORS
Current: Rs 545
Target: Rs 555
Keep a stop at Rs 539 and go long. Add to the position between Rs 550 and Rs 551. Book profits at Rs 555.

DLF
Current: Rs 140
Target: Rs 135
Keep a stop at Rs 142 and short. Add to the position between Rs 136 and Rs 137. Book profits at Rs 135.

BHEL
Current: Rs 249
Target: Rs 253
Keep a stop at Rs 247 and go long. Add to the position between Rs 251 and Rs 252. Book profits at Rs 253.
Target prices, projected movements in terms of next session, unless otherwise stated
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 17 2014 | 10:30 PM IST

Next Story