Today's picks: 7 November, 2017

Nifty, Bank Nifty, Wipro, HPCL, NTPC

Image
Devangshu Datta
Last Updated : Nov 07 2017 | 6:00 AM IST
Nifty       
Current: 10,451  (fut: 10,479) Target: NA
Stop-long positions at 10,400. Stop-short positions at 10,525. Big moves could go till 10,350, 10,600. A long 10,300c (64), short 10,200p (47) could gain 15-20 if the index falls below 10,375.

Bank Nifty       
Current: 25,571  (futures: 25,587
Target: NA

Also Read

Stop-long positions at 25,475. 
Stop-short positions at 25,600. Big moves could go till 25,900, 25,300. 
Bias is slightly bearish.  

HPCL           
Current price: Rs 434  
Target price: Rs 427
Keep a stop at Rs 439 and go short. Add to the position between Rs 428 and Rs 429. Book profits at Rs 427. 

Wipro   
Current price: Rs 300  
Target price: Rs 306
Keep a stop at Rs 297 and go long. Add to the position between Rs 304 and Rs 305. Book profits at Rs 306.  

NTPC       
Current price: Rs 179  
Target price: Rs 175
Keep a stop at Rs 181 and go short. Add to the position between Rs 176 and Rs 177. Book profits at Rs 175.

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