Today's picks: 28 June 2017

Nifty, Bank Nifty, UltraTech, Lupin, HCL Tech

Image
Devangshu Datta
Last Updated : Jun 28 2017 | 6:00 AM IST
Nifty
Current: 9,511 (fut: 9,514), Target: NA
Stop-long positions at 9,450. Stop-short positions at 9,575. Big moves could go till 9,400, 9,625. A long 9,500p (30), short 9,400p (8) could gain 10-15 if the index dips till 9,450.
 
Bank Nifty
Current: 23,216 (fut: 23,219)
Target: NA
Stop-long positions at 23,100. Stop-short positions at 23,325. Big moves could go till 22,900, 23,550. Downtrend may continue if support at 23,050 is broken. 
 
UltraTech
Current price: Rs 3,877
Target price: Rs 3,800
Keep a stop at Rs 3,910 and go short. Add to the position between Rs 3,815 and Rs 3,835. Book profits at Rs 3,800. 
 
Lupin
Current price: Rs 1,062
Target price: Rs 1,080
Keep a stop at Rs 1,050 and go long. Add to the position between Rs 1,073 and Rs 1,077.
Book profits at Rs 1,080.
 
HCL Tech  
Current price: Rs 840
Target price: Rs 825
Keep a stop at Rs 850 and go short. Add to the position between Rs 827 and Rs 830. Book profits at Rs 825. 
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