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Today's picks: 22 August 2017

Nifty, Bank Nifty, Bank of Baroda, Lupin, ONGC

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Devangshu Datta
Nifty       
Current: 9,754 (fut: 9,764) Target: NA
Stop-long positions at 9,700. Stop-short positions at 9,825. Big moves could go till 9,650, 9,875. A long 9,700p (60), short 9,600p (36) could gain 15-20 if the downtrend breaks below 9,675.

Bank Nifty       
Current: 23,936 (futures: 23,951
Target: NA  
Stop-long positions at 23,800. Stop-short positions at 24,075. Big moves could go till 23,650, 24,250. Downtrend likely to continue. 

Bank of Baroda           
Current price: Rs 142 
Target price: Rs 138
Keep a stop at Rs 144 and go short. Add to the position between Rs 139 and Rs 140. 
Book profits at Rs