Today's picks- 20 November 2014

Nifty, Bank Nifty, HCL Tech, Zee Entertainment & Cairn

Image
Devangshu Datta
Last Updated : Nov 20 2014 | 10:34 PM IST
NIFTY
Current: 8,402 (futures: 8,423.70)
Target: NA
Stop short positions at 8,475. Stop long positions at 8,365. A long 8,300p (13) and long 8,500c (18) would gain if there's a big swing in any direction.

BANK NIFTY
Current: 17,645 (futures: 17,686)
Target: 17,525 (futures: 17,550)
Keep a stop at 17,750 and short. Add to the position between 17,575 and 17,600. Book profits at 17,550.

HCL TECH
Current: Rs 1,649
Target: Rs 1,670
Keep a stop at Rs 1,630 and go long. Add to the position between Rs 1,660 and Rs 1,665. Book profits at Rs 1,670.

ZEE ENTERTAINMENT
Current: Rs 375
Target: Rs 368
Keep a stop at Rs 379 and go short. Add to the position between Rs 370 and Rs 371. Book profits at Rs 368.

CAIRN
Current: Rs 266
Target: Rs 259
Keep a stop at Rs 270 and go short. Add to the position between Rs 260 and Rs 262. Book profits at Rs 259.
Target prices, projected movements in terms of next session, unless otherwise stated
*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

More From This Section

First Published: Nov 20 2014 | 10:30 PM IST

Next Story