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Today's picks: 24 May, 2017

Nifty, Bank Nifty, Hindalco, Coal India, Aurobindo Pharma

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Devangshu Datta
Nifty       
Current: 9,386  (fut: 9,388) Target: NA
Stop short positions at 9,450 and long positions at 9,325. Big moves could go till 9,500, 9,295. A long 9,300p (23), short 9,200p (12) could double or triple in value if the index drops to 9,300.   

Bank Nifty       
Current: 22,582  (futures: 22,575) 
Target: NA  
Stop long positions at 22,475. stop short positions at 22,675. Big moves could go till 22,250, 22,900. Correction may continue

Hindalco            
Current price: Rs 192  
Target price: Rs 196
Keep a stop at Rs 190 and go long. Add to the position