Today's picks- 30 July 2015

Nifty, Bank Nifty, Hind Unilever, TCS & NMDC

NIFTY
Current: 8,422 (futures: 8,473
Target: NA
Stop-loss shorts at 8,555. Stop-long positions at 8,390. Big moves could go till 8,600, or 8,350. A long 8,600c(73), short 8,700c (43) could gain 15-20 if the futures hits 8,600.

BANK NIFTY
Current: 18,440 (futures: 18,535)
Target: 18,250 (futures: 18,325)
Keep a stop at 18,650 and go short. Add to the position between 18,375 and 18,400. Book profits at 18,325.

HIND UNILEVER
Current: Rs 921
Target: Rs 940
Keep a stop Rs 910 and go long. Add to the position between Rs 930 and Rs 935. Book profits at Rs 940.

TCS
Current: Rs 2,481
Target: Rs 2,520
Keep a stop at Rs 2,455 and go long. Add to the position between Rs 2,500 and Rs 2,510. Book profits at Rs 2,520.

NMDC
Current: Rs 102
Target: Rs 100
Keep a stop at Rs 103.5 and short. Add to the position between Rs 100.5 and Rs 101. Book profits at Rs 100.

Target prices, projected movements in terms of next session, unless otherwise stated