Today's picks: 2 May, 2017

Nifty, Bank Nifty, Hindalco, Maruti Suzuki, Bharti Infratel

Nifty      
Current: 9,304 (fut: 9,330)
Target: NA
Stop long positions at 9,270. Stop short positions at 9,400. Big moves could go till 9,450 and 9,210. A long 9,300p (84), short 9,200p (55) could gain 10-15 if the correction continues till below 9,300
 
Bank Nifty      
Current: 22,358   (futures: 22,370)
Target: NA 
Stop long positions at 22,250. Stop short positions at 22,500. Big moves could go till 22,725 and 22,000. Corrections could find support at 22,150-22,175
 
Hindalco           
Current price: Rs 199
Target price: Rs 203
Keep a stop at Rs 197 and go long. Add to