<b>Today's Picks:</b> 2 March, 2017
Nifty, Bank Nifty, Hindalco, Idea Cellular, Mahindra & Mahindra
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Last Updated : Mar 02 2017 | 6:00 AM IST
Nifty
Current: 8,946 (fut: 8,972), Target: NA
Stop-long positions at 8,900. Stop-short positions at 9,050.
Big moves could go till 9,100, 8,850. A long 9,100c (67), short 9,200c (37) could gain 10-15 if the futures moves till 9,070.
Bank Nifty
Current: 20,784 (fut: 20,838)
Target: NA
Stop-long positions at 20,720. Stop-short positions at 20,950. Big moves could go till 20,500, 21,150. Trend may be positive.
Hindalco
Current price: Rs 189
Target price: Rs 193
Keep a stop at Rs 187 and go
long. Add to the position between Rs 191 and Rs 192. Book profits at Rs 193.
Idea Cellular
Current price: Rs 113.5
Target price: Rs 110
Keep a stop at Rs 114.5 and go short. Add to the position between Rs 111 and Rs 112. Book profits at Rs 110.
Mahindra & Mahindra
Current price: Rs 1,349
Target price: Rs 1,370
Keep a stop at Rs 1,335 and go long. Add to the position between Rs 1,364 and Rs 1,368. Book profits at Rs 1,370.
Target prices, projected movements in terms of next session, unless otherwise stated