Today's picks: 9 September 2016

Nifty, Bank Nifty, TechM, Bajaj Auto & Hind Unilever

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Devangshu Datta
Last Updated : Sep 09 2016 | 6:00 AM IST
NIFTY

Current: 8,953 (fut: 8,975),
Target: NA
Stop-loss short positions at 9,030. Stop-long positions at 8,920. Big moves could go till 9,100, 8,850. A long 9,000c (81), short 9,100c (42) could gain 10-15 if the futures hits 9,000.

BANK NIFTY

Current: 20,417 (fut: 20,506)
Target: NA
Stop-loss short positions at 20,605. Stop-loss long positions at 20,405. Big moves could go till 20,825, 20,200. Trend remains bullish.

TECHM

Current price: Rs 459
Target price: Rs 450
Keep a stop at Rs 463 and go short. Add to the position between Rs 452 and Rs 454. Book profits at Rs 450.

BAJAJ AUTO

Current price: Rs 3,090
Target price: Rs 3,140
Keep a stop at Rs 3,065 and go long. Add to the position between Rs 3,115 and Rs 3,125. Book profits at Rs 3,140.

HIND UNILEVER

Current price: Rs 952
Target price: Rs 965
Keep a stop at Rs 943 and go long. Add to the position between Rs 958 and Rs 962. Book profits at Rs 965.
Target prices, projected movements in terms of next session, unless otherwise stated

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First Published: Sep 09 2016 | 6:00 AM IST

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