Today's picks: 20 December, 2017
Nifty, Bank Nifty, Maruti Suzuki, Infosys, Tata Steel
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Last Updated : Dec 20 2017 | 6:00 AM IST
Nifty
Current: 10,463 (fut: 10,472), Target: NA
Stop-long positions at 10,395.
Stop-short positions at 10,550. Big moves could go till 10,600, 10,350. A breakout past 10,490 would establish a new high. A long 10,500c (51), short 10,600c (18) could return
15-20 if the index cross 10,525.
Bank Nifty
Current: 25,716 (fut: 25,718)
Target: NA
Stop-long positions at 25,600. Stop-short positions at 25,825. Big moves could go till 25,950, 25,450. Trend is less bullish than the broader market.
Maruti Suzuki
Current price: Rs 9,801
Target price: Rs 9,925
Keep a stop at Rs 9,750 and go long. Add to the position between Rs 9,870 and Rs 9,890. Book profits at Rs 9,925.
Infosys
Current price: Rs 1,004
Target price: Rs 980
Keep a stop at Rs 1,015 and go short. Add to the position between Rs 985 and Rs 990.
Book profits at Rs 980.
Tata Steel
Current price: Rs 710
Target price: Rs 795
Keep a stop at Rs 718 and go
short. Add to the position between Rs 699 and Rs 703.
Book profits at Rs 795.