Today's picks- 17 November 2015

Nifty, Bank Nifty, Coal India, L&T & Hindalco

Image
Devangshu Datta
Last Updated : Nov 17 2015 | 6:00 AM IST
Nifty
Current: 7,806 (futures: 7,827)
Target: NA

Stop-loss short positions at 7,885. Stop-long positions at 7,745. Big moves could go till 7,950, 7,675. A long 7,900c (50), short 8,000c (21) could gain 10-15 if the index moves past 7,875.

Also Read

Bank Nifty
Current: 17,185 (fut: 17,214)
Target: NA

Stop-loss short positions at 17,315. Stop-long positions at 17,100. Big moves could go till 17,500, 16,900. The uptrend may continue if resistance at 17,300 is broken.

Coal India
Current price: Rs 331
Target price: Rs 322

Keep a stop at Rs 335 and go short. Add to the position between Rs 325 and Rs 326. Book profits at Rs 322.

L&T
Current price: Rs 1,357
Target price: Rs 1,385

Keep a stop-loss at Rs 1,340 and go long. Add to the position between Rs 1,370 and Rs 1,375. Book profits at Rs 1,385.

Hindalco
Current price: Rs 79
Target price: Rs 77

Keep a stop at Rs 80 and go short. Add to the position between Rs 77.5 and Rs 78. Book profits at Rs 77.
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 2015 | 6:00 AM IST

Next Story