Today's picks- 24 June 2015

Nifty, Bank Nifty, Hindalco, Tata Steel & Hind Unilever

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Devangshu Datta
Last Updated : Jun 24 2015 | 11:37 PM IST
NIFTY
Current: 8,361 (fut: 8,350)
Target: NA
Stop-long positions at 8,300. Stop-short positions at 8,425. A long July 8,200p(90), short 8,100p (66) will gain if the index drops through settlement.

BANK NIFTY
Current: 18,365 (futures: 18,347)
Target: 18,100 (futures: 18,100)
Keep a stop at 18,425 and go short. Add to the position between 18,150 and 18,175. Book profits at 18,100.

HINDALCO
Current price: Rs 117   
Target price: Rs 114.5
Keep a stop at Rs 118.5 and short. Add to the position between Rs 115 and Rs 116. Book profits at Rs 114.5.

TATA STEEL
Current price: Rs 305
Target price: Rs 298
Keep a stop at Rs 309 and go short. Add to  the position between Rs 299 and Rs 300. Book profits at Rs 298.

HIND UNILEVER
Current price: Rs 897
Target price: Rs 915
Keep a stop at Rs 885 and go long. Add to the position between Rs 905 and Rs 910. Book profits at Rs 915.

Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Jun 24 2015 | 10:30 PM IST

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