Today's picks- 22 September 2014

Nifty, Bank Nifty, Tata Motors, DLF & ITC

Image
Devangshu Datta
Last Updated : Sep 22 2014 | 10:30 PM IST
NIFTY
 Current:  8,146 (fut: 8,153)
Target: NA
Stop loss shorts at 8,205. Stop long positions at 8,075. Big moves could go till 8,275 or 8,025. A long 8,200c (14) and long 8,100p (16) would gain 10-15 if either end is hit. (All futures prices)

BANK NIFTY
Current: 16,188 (futures: 16,194)
Target: 16,300 (futures: 16,325)
Keep a stop at 16,125 and go long. Add to the position between 16,250 and 16,275. Book profits at 16,325.

TATA MOTORS
Current: Rs 540
Target: Rs 549
Keep a stop at Rs 535 and go long. Add to the position between Rs 544 and Rs 546. Book profits at Rs 549.

DLF
Current: Rs 167
Target: Rs 161
Keep a stop at Rs 170 and short. Add to the position between Rs 162 and Rs 164. Book profits at Rs 161.

ITC
Current: Rs 371
Target: Rs 378
Keep a stop at Rs 367 and go long. Add to the position between Rs 374 and Rs 376. Book profits at Rs 378.
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: Sep 22 2014 | 10:30 PM IST

Next Story