Today's picks
Nifty, Bank Nifty, Ambuja Cement, HDFC & Tata Steel
premium
Last Updated : Jan 03 2017 | 12:45 AM IST
Nifty
Current: 8,179 (fut: 8,191), Target: NA
Stop-long positions at 8,140.
Stop-short positions at 8,250.
Big moves could go till 8,070, 8,300. A long 8,100p (83), short 8,000p (57) could gain 10-15 if it drops to 8,125.
Bank Nifty
Current: 17,970 (fut: 18,031)
Target: NA
Stop-long positions at 17,920. Stop-short positions at 18,150. Big moves could go till 18,350, 17,675. Downtrend could continue.
Ambuja Cement
Current price: Rs 215
Target price: Rs 210
Keep a stop at Rs 218 and go short. Add to the position between Rs 211 and Rs 212. Book profits at Rs 210.
HDFC
Current price: Rs 1,217
Target price: Rs 1,195
Keep a stop at Rs 1,230 and go short. Add to the position between Rs 1,200 and Rs 1,205. Book profits at Rs 1,195.
Tata Steel
Current price: Rs 406
Target price: Rs 414
Keep a stop at Rs 402 and go long. Add to the position between Rs 410 and Rs 412. Book profits at Rs 414.
Target prices, projected movements in terms of next session, unless otherwise stated