Today's picks- 4 March 2015

Nifty, Bank Nifty, Sesa Sterlite, NMDC & IDFC

Image
Devangshu Datta
Last Updated : Mar 05 2015 | 12:04 AM IST
NIFTY
Current: 8,922 (fut: 8,952),
Target: NA
Stop-loss short positions at 9,025. Stop-long positions at 8,875. If the correction continues, a drop till 8,800 is possible. a long 8,800p (71), short 8,700p (48) will gain 15-20 if 8,800 is struck.

BANK NIFTY
Current: 19,643 (fut: 19,720)
Target: 19,350 (fut: 19,450)
Keep a stop at 19,900 and go short. Add to the position between 19,475 and 19,500. Book profits at 19,450.

SESA STERLITE
Current price: Rs 212
Target price: Rs 208
Keep a stop at Rs 215 and short. Add to the position between Rs 209 and Rs 210. Book profits at Rs 208.

NMDC
Current price: Rs 133
Target price: Rs 129
Keep a stop at Rs 135 and short. Add to the position between Rs 130 and Rs 131. Book profits at Rs 129.

IDFC
Current price: Rs 179
Target price: Rs 184
Keep a stop at Rs 177 and go long. Add to the position between Rs 182 and Rs 183. Book profits at Rs 184.
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: Mar 04 2015 | 10:30 PM IST

Next Story