Today's Picks: 3 March, 2017

Nifty, NTPC, TCS, Adani Ports

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Devangshu Datta
Last Updated : Mar 03 2017 | 6:00 AM IST
Nifty 
Current: 8,900 (fut: 8,912), 
Target: NA
Stop long positions at 8,845. Stop short positions at 8,980. Big moves could go till 9,025, 8,800. A long 8,800p (79), short 8,700p (52) could gain 10-15 if the futures falls below 8,850.  

Bank Nifty 
Current: 20,560 (fut: 20,626)

Also Read

Target: NA
Stop long positions at 20,520. Stop short positions at 20,735. Big moves could go till 20,975, 20,275. Trend may have gone negative.  

NTPC
Current price: Rs 156 
Target price: Rs 152 
Keep a stop at Rs 158 and go short. Add to the position between Rs 153 and Rs 154. Book profits at Rs 152.

TCS  
Current price: Rs 2,501
Target price: Rs 2,545
Keep a stop at Rs 2,475 and go long. Add to the position between Rs 2,530 and Rs 2,540. Book profits at Rs 2,545.

Adani Ports    
Current price: Rs 294 
Target price: Rs 290
Keep a stop at Rs 296 and go short. Add to the position between Rs 291 and Rs 292. Book profits at Rs 290.
Target prices, projected movements in terms of next session, unless otherwise stated


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