Today's Picks: January 11, 2017

Nifty, Bank Nifty, Tata Motors, Wipro, ACC

Image
Devangshu Datta
Last Updated : Jan 11 2017 | 6:00 AM IST
Nifty       

Current: 8,288 (fut:8.296) Target: NA
Stop loss positions at 8,225. Stop loss short positions at 8,350. Big moves could go till 8,400, 8,170. Trend may have gone bullish. A long 8,400c (40), short 8,500c (16), could double if 8,350 is crossed.

Bank Nifty       

Current: 18,410 (futures: 18,457) Target: NA
Stop long positions at 18,350. Stop short positions at 18,575. Big moves could go till 18,800, 18,100. Trend may have gone bullish.

Also Read


Tata Motors         

Current: Rs 517, Target: Rs 530
Keep a stop at Rs 511 and go long. Add to the position between Rs 523 and Rs 527. Book profits at Rs 530.

Wipro    

Current: Rs 477, Target: Rs 485
Keep a stop at Rs 472 and go long. Add to the position between Rs 482 and Rs 484. Book profits at Rs 485.

ACC     

Current: Rs 1319, Target: Rs 1,300
Keep a stop at Rs 1,330 and go short. Add to the position between Rs 1,303 and Rs 1,306. Book profits at Rs 1,300.

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

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