Today's picks- 19 January 2015

Nifty, Bank Nifty, Bharti Airtel, DLF & Wipro

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Devangshu Datta
Last Updated : Jan 19 2015 | 11:33 PM IST
NIFTY
Current: 8,551 (fut: 8,578),
Target: NA
Stop-loss shorts at 8,630. Stop-long positions at 8,520. Big swings could go till 8,700 (new high) or 8,400. A long 8,400p (37) and long 8,300c (24) could double on a big correction.

BANK NIFTY
Current: 19,406 (fut: 19,456)
Target: 19,550 (fut: 19,600)
Keep a stop at 19,325 and long.  Add to the position between 19,525 and 19,550. Book profits at 19,600.

BHARTI AIRTEL
Current price: Rs 350
Target price: Rs 355
Keep a stop at Rs 346 and go long. Add to the position between Rs 353 and Rs 354. Book profits at Rs 355.

DLF
Current price: Rs 145
Target price: Rs 142
Keep a stop at Rs 147 and short. Add to the position between Rs 143 and Rs 144. Book profits at Rs 142.

WIPRO
Current price: Rs 584
Target price: Rs 575
Keep a stop Rs 590 and short. Add to the position between Rs 577 and Rs 579. Book profits at Rs 575.
Target prices and projected movements for the next session, unless otherwise stated
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First Published: Jan 19 2015 | 10:30 PM IST

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