Today's picks: 2 June, 2017

Nifty, Bank Nifty, Vedanta, Hind Unilever, Tech Mahindra

Image
Devangshu Datta
Last Updated : Jun 01 2017 | 11:55 PM IST
Nifty 

Current: 9,616 (fut: 9,630), Target: NA
Stop-long positions at 95,70. Stop-short positions at 9,700. Big moves could go till 9,750, 9,500. A long 9,500p (58), short 9,400p (38) could gain 10-15 if the futures drops till 9,500.

Bank Nifty 

Current: 23,310 (fut: 23,288)
Target: NA

Also Read

Stop-long positions at 23,190. Stop-short positions at 23,375. Big moves could go till 23,650, 22,950. Next support at 23,100 if the correction continues.

Vedanta

Current price: Rs 231 
Target price: Rs 226 
Keep a stop at Rs 233 and go short. Add to the position between Rs 228 and Rs 229. Book profits at Rs 226.

Hind Unilever 

Current price: Rs 1,095
Target price: Rs 1,115
Keep a stop at Rs 1,085 and go long. Add to the position between Rs 1,105 and Rs 1,110. 
Book profits at Rs 1,115.

Tech Mahindra   

Current price: Rs 398 
Target price: Rs 390
Keep a stop at Rs 402 and go short. Add to the position between Rs 391 and Rs 394. 
Book profits at Rs 390.

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