Today's picks: 22 June, 2017
Nifty, Bank Nifty, Hindustan Unilever, Lupin, ONGC
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Last Updated : Jun 22 2017 | 6:00 AM IST
Nifty
Current: 9,633 (fut: 9,658)
Target: NA
Stop-long positions at 9,600. Stop-short positions at 9,725. Big moves could go till 9,775, 9,550. A long 9,600p (29), short 9,500p (12) could gain 15-20 if the index tests support at 9,575.
Bank Nifty
Current: 23,709 (futures: 23,685)
Target: NA
Stop-long positions at 23,585. Stop-short positions at 23,785. Big moves could go till 24,000, 23,350. There may be some selling bias.
Hindustan Unilever
Current price: Rs 1,124
Target price: Rs 1,145
Keep a stop at Rs 1,112 and go long. Add to the position between Rs 1,135 and Rs 1,140. Book profits at Rs 1,145.
Lupin
Current price: Rs 1,095
Target price: Rs 1,075
Keep a stop at Rs 1,105 and go short. Add to the position between Rs 1,080 and Rs 1,085. Book profits at Rs 1,075.
ONGC
Current price: Rs 165
Target price: Rs 161
Keep a stop at Rs 167 and go short. Add to the position between Rs 162 and Rs 163. Book profits at Rs 161.
Target prices, projected movements in terms of next session, unless otherwise stated.
Target prices, projected movements in terms of next session, unless otherwise stated.