Today's picks: 21, March 2017

Nifty, Bank Nifty, TCS, Dr Reddy's, BHEL

Image
Devangshu Dutta
Last Updated : Mar 21 2017 | 6:00 AM IST
Nifty

Current: 9,127 (fut: 9,157) Target: NA

Stop-long positions at 9,080. Stop-short positions at 9,225. Big moves could go till 9,300, 9,000. A long 9100p (41), short

Also Read

9,000p (18) could gain 15-20 if the futures dips below 9,100.
 
Bank Nifty

Current: 21110   (futures: 21188)

Target: NA 

Stop-long positions at 21,075. Stop-short positions at 21,300. Big moves could go till 21500, 20,900. A correction could find support at 20,600-20,700.
 
TCS

Current price: Rs 2480

Target price: Rs 2440

Keep a stop at Rs 2,505 and go short. Add to the position between Rs 2,445and Rs 2,455. Book profits at Rs 2,440.
 
Dr Reddy’s  

Current price: Rs 2735

Target price: Rs 2680

Keep a stop at Rs 2,760 and go short. Add to the position between Rs 2,695 and Rs 2,705. Book profits at Rs 2,680.
 
BHEL       

Current price: Rs 171 

Target price: Rs 175

Keep a stop at Rs 169.5 and go long. Add to the position between Rs 172.5and Rs 173.5. Book profits at Rs 175.
  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