Today's picks: 19 December, 2017

Nifty, Bank Nifty, Coal India, Mahindra & Mahindra, Hindalco

Image
Devangshu Datta
Last Updated : Dec 19 2017 | 6:00 AM IST
Nifty       
Current: 10,389  (fut: 10,410) Target: NA
Stop-long positions at 10,325. Stop-short positions at 10,500. Big moves could go till 10,550, 10,275. A long 10,500c (40), long 10,300p (45) has breakevens at 10,215, 10,585 . Either end could be struck before settlement.

Bank Nifty       
Current: 25,595   (futures: 25,641) 
Target: NA  

Also Read

Stop-long positions at 25,500. Stop-short positions at 25,775. Big moves could go till 25,950, 25,300. Trend should be slightly positive.

Coal India          
Current price: Rs 268 
Target price: Rs 263
Keep a stop at Rs 271 and go short. Add to the position between Rs 264 and Rs 265. Book profits at Rs 263.

Mahindra & Mahindra   
Current price: Rs 1,521   
Target price: Rs 1,550
Keep a stop at Rs 1,505 and go long. Add to the position between Rs 1,535 and Rs 1,545. Book profits at Rs 1,550.

Hindalco        
Current price: Rs 250  
Target price: Rs 254
Keep a stop at Rs 248 and go long. Add to the position between Rs 252 and Rs 253. Book profits at Rs 254. Target prices, projected movements in terms of next session, unless otherwise stated

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*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

Next Story