Today's picks- 27 August 2015

Nifty, Bank Nifty, NMDC, Tata Steel & BHEL

Image
Devangshu Datta
Last Updated : Aug 27 2015 | 11:38 PM IST
NIFTY
Current: 7,949 (futures: 7,991)
Target: NA
Stop-loss short positions at 8,030. Stop-short positions at 7,870. Big moves could go 8,100, 7,800. A long 8,200c (90), short 8,300c ( 59) could gain 10-15 if the rally continues till 8,075.

BANK NIFTY
Current: 17,214 (fut: 17,338)
Target: NA
Stop-loss short positions at 17,500. Stop-long positions at 17,225. Big moves could go till 17,600, 17,100. The rally seems likely to continue.

NMDC
Current price: Rs 97 
Target price: Rs 94.5
Keep a stop at Rs 98.5 and short. Add to the position between Rs 95 and Rs 96. Book profits at Rs 94.5.

TATA STEEL
Current price: Rs 226
Target price: Rs 221
Keep a stop at Rs 229 and go short. Add to the position Rs 223 and Rs 224. Book profits at Rs 221.

BHEL
Current price: Rs 232
Target price: Rs 237
Keep a stop at 229 and go long. Add to the position between 235-236. Book profits at 237.
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: Aug 27 2015 | 10:30 PM IST

Next Story