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Today's picks: 19 April, 2017

Nifty, Bank Nifty, Hindalco, Tech Mahindra & Ambuja Cements

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Devangshu Datta
Nifty 
Current: 9,105 (fut: 9,116), Target: NA
Stop-Long positions at 9,050. Stop-short positions at 9,175. Big moves could go till 9,000, 9,210. A long 9,100p (65), short 9,000p (35) could gain 15-20 if the futures drops to 9,050.

Bank Nifty 
Current: 21,672  (fut: 21,710)
Target: NA
Stop-long positions at 21,600. Stop-short positions at 21,825. Big moves could go till 21,300, 22,000. A correction seems more likely.

Hindalco
Current price: Rs 184 
Target price: Rs 188 
Keep a stop at Rs 182 and go long. Add to the position between Rs 186 and Rs 187. Book profits at Rs 188.

Tech Mahindra
Current price: Rs 419
Target price: Rs 410
Keep a stop at Rs