Today's picks: November 22, 2017

Nifty, Bank Nifty, Sun Pharma, Coal India, Tata Steel

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Devangshu Datta
Last Updated : Nov 22 2017 | 6:00 AM IST
Nifty    
   
Current: 10,326  (fut: 10,351) Target: NA
Stop-long positions at 10,275. Stop-short positions at 10,425. Big moves could go till 10,475, 10,225. A long 10,300p (49), short 10,200p (25) could gain 15-20 if the index drops till 10,275. 

Bank Nifty  
     

Also Read

Current: 25,757   (futures: 25,795) 
Target: NA  
Stop-long positions at 25,675. Stop-short positions at 25,925. Big moves could go till 26,100, 25,500. Slight downside bias.

Sun Pharma
            
Current price: Rs 538 
Target price: Rs 550
Keep a stop at Rs 532 and go long. Add to the position between Rs 545 and Rs 547. Book profits at Rs 550.

Coal India 
  
Current price: Rs 274 
Target price: Rs 270
Keep a stop at Rs 276 and go short. Add to the position between Rs 271 and Rs 272, Book profits at Rs 270. 

Tata Steel  
       
Current price: Rs 711  
Target price: Rs 700
Keep a stop at Rs 718 and go short. Add to the position between Rs 702 and Rs 704, Book profits at Rs 700.  
Target prices, projected movements in terms of next session, unless otherwise stated 

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