Today's Picks: 1 March, 2017

Nifty, Bank Nifty, Bhel, Tech Mahindra, Bharti Infratel

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Devangshu Datta
Last Updated : Mar 01 2017 | 6:00 AM IST
Nifty

Current: 8,879 (fut: 8,913), Target: NA
Stop-long positions at 8,845. Stop-short positions at 8,980. Big moves could go till 9,025, 8,800. A long 8,800p (88), short 8,700p (60) could gain 10-15 if the futures slides till 8,850.

Bank Nifty
 
Current: 20,607 (fut: 20,690)
Target: NA

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Stop-long positions at 20,600. Stop-short positions at 20,775. Big moves could go till 20,350, 21,025. Trend seems slightly negative.

BHEL
 
Current price: Rs 162 
Target price: Rs 166 
Keep a stop at Rs 160 and go long. Add to the position between Rs 164 and Rs 165. Book profits at Rs 166.

Bharti Infratel 
 
Current price: Rs 284
Target price: Rs 279
Keep a stop at Rs 287 and go short. Add to the position between Rs 280 and Rs 281. Book profits at Rs 279.

Tech Mahindra  
 
Current price: Rs 499 
Target price: Rs 492
Keep a stop at Rs 503 and go short. Add to the position between Rs 493 and Rs 495. 
Book profits at Rs 492.  Target prices, projected movements in terms of next session, unless otherwise stated

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