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Today's picks: 23 August 2017

Nifty, Bank Nifty, BPCL, Indiabulls Housing, TCS

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Devangshu Datta
Nifty       
Current: 9,765   (fut: 9,794) Target: NA
Stop-long positions at 9,725. Stop-short positions at 9,875. Big moves could go till 9,920, 9,675. A long 9,700p (42), short 9,600p (24) could gain 15-20 if the index tests 9,700.

Bank Nifty       
Current: 23,974   (futures: 24,083
Target: NA  
Stop-long positions at 23,975. Stop-short positions at 24,200. Big moves could go till 24,400, 23,750. Correction likely to continue.  

BPCL          
Current price: Rs 510 
Target price: Rs 520
Keep a stop at Rs 505 and go long. Add to the position between Rs 516 and Rs 518. Book profits at