Today's picks- 18 June 2015

Nifty, Bank Nifty, BPCL, Lupin & Tata Motors

NIFTY
Current: 8,175 (fut: 8,157.55)
Target: NA
Stop-loss long positions at 8,075. Stop-short positions at 8,235. If the uptrend tests 8,225, a long 8,200c (43), short 8,300c (25) could gain 10-15.

BANK NIFTY
Current: 17,733 (futures: 17,683.1)
Target: 17,900 (futures: 17,875)
Keep a stop at 17,590 and go long. Add to the position between 17,825 and 17,850. Book profits at 17,875.

BPCL
Current price: Rs 834   
Target price: Rs 850
Keep a stop at Rs 825 and go long. Add to the position between Rs 840 and Rs 844. Book profits at Rs 850.

LUPIN
Current price: Rs 1,795
Target price: Rs 1,830
The last traded price of Rs 1,810 had nearly one per cent premium on the official close. Set a stop at Rs 1,790 and go long. Add to the position between Rs 1,820 and Rs 1,825. Book profits at Rs 1,830.

TATA MOTORS
Current price: Rs 445
Target price: Rs 452
Keep a stop at Rs 440 and go long. Add to the position between Rs 448 and Rs 450. Book profits at Rs 452.

Target prices, projected movements in terms of next session, unless otherwise stated