Today's picks- 18 September 2014

Nifty, Bank Nifty, L&T, Tata Motors & Hindustan Unilever

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Devangshu Datta
Last Updated : Sep 18 2014 | 10:30 PM IST
NIFTY
Current: 8,115 (fut: 8,132),
Target: NA
Stop short positions at 8,200. Stop long positions at 8,065. Big moves could go till 8,250 or 8,000. A long 8,200c (22) and short 8,300c (6) costs 16. It will gain 10-15 if the Nifty futures cross 8200. (All futures prices)

BANK NIFTY
Current: 16,157 (fut: 16,203)
Target: 16,300 (fut: 16,350)
Keep a stop at 16,125 and go long. Add to the position between 16,275 and 16,300. Book profits at 16,350. (All futures prices)

L&T
Current price: Rs 1,574
Target price: Rs 1,605
Keep a stop at Rs 1,560 and go long. Add to the position between Rs 1,590 and Rs 1,595. Book profits at Rs 1,605.

TATA MOTORS
Current price: Rs 525
Target price: Rs 535
Keep a stop at Rs 520 and go long. Add to the position between Rs 530 and Rs 533. Book profits at Rs 535.

HINDUSTAN UNILEVER
Current price: Rs 750
Target price: Rs 765
Keep a stop at Rs 740 and go long. Add to the position between Rs 758 and Rs 760. Book profits at Rs 765.
Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Sep 18 2014 | 10:30 PM IST

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