Today's picks- 2 July 2015

Nifty, Bank Nifty, Vedanta, Tata Motors & Bharti Airtel

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Devangshu Datta New Delhi
Last Updated : Jul 02 2015 | 10:38 PM IST
NIFTY
Current: 8,445   (fut: 8,438)
Target: NA
Stop-loss long positions at 8,365. Stop- loss short positions at 8,530. A big session could go till 8,300 or 8,600. A long 8,200p (57), long 8,700c (33) has breakeven at 8,110, or 8,790. May be worth holding till July 7.

BANK NIFTY
Current: 18,586   (fut: 18,566)
Target: NA
Stop-loss long positions at 18,475. Stop-loss short positions at 18,680. A big session could go till 18,275 or 18,900. A long 19,000c (230), long 18,000p (21$) could be profitable, if held for two-three sessions.

VEDANTA
Current: Rs 174
Target: Rs 171
Keep a stop at Rs 176 and go short. Add to the position between Rs 172 and Rs 173.Book profits at Rs 171.  

TATA MOTORS
Current: Rs 436  
Target: Rs 428
Keep a stop at Rs 440 and go short. Add to the position between Rs 430 and Rs 432. Book profits at Rs 428.

BHARTI AIRTEL
Current: Rs 433
Target: Rs 440
Keep a stop at Rs 428 and go long. Add to the position between Rs 436 and Rs 438. Book profits at Rs 440.

Target prices, projected movements in terms of next session, unless otherwise stated
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First Published: Jul 02 2015 | 10:30 PM IST

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