Today's Picks: December 15, 2016

Nifty, Bank Nifty, Coal India, Bharti Airtel, Infosys

Nifty 

Current: 8,182 (fut: 8,204), Target: NA

Stop-long positions at 8,130. Stop-short positions at 8,275. Big moves could go till 8,350, 8,050. A long 8,100p (67) short 8,000p (44) will gain 15-20 if there is bearish news from the Fed.

Bank Nifty

Current: 18,341 (fut: 18,402)

Target: NA

Stop-long positions at 18,300. Stop-short positions at 18,505. Big moves could go till 18,750, 18,050. Downside seems more likely than upside.

Coal India

Current price: Rs 292 

Target price: Rs 287 

Keep a stop at Rs 295 and go short. Add to the position between Rs 288 and Rs 289. Book profits at Rs 287.

Bharti Airtel

Current price: Rs 323

Target price: Rs 317

Keep a stop at Rs 326 and go short. Add to the position between Rs 318 and Rs 320. Book profits at Rs 317.

Infosys   

Current price: Rs 999 

Target price: Rs 1,018

Keep a stop at Rs 990 and go long. Add to the position between Rs 1,013 and Rs 1,016. Book profits at Rs 1,018.
 

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