Today's picks: 25 April, 2017
Nifty, Bank Nifty, ACC, HDFC Bank, Lupin
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Last Updated : Apr 25 2017 | 6:00 AM IST
Nifty
Current: 9,217 (fut: 9,225), Target: NA
Stop-long positions at 9,150.
Stop-short positions at 9,300.
Big moves can go to 9,350, 9,100. A long 9,300c (10), short 9,400c (2) could double or triple if the index hits 9,300.
Bank Nifty
Current: 21,857 (fut: 21,844)
Target: NA
Stop-long positions at 21,750. Stop-short positions at 21,975. Big moves could go till 22,200, 21,500. The short-term trend seems bullish.
ACC
Current price: Rs 1,607
Target price: Rs 1,570
Keep a stop at Rs 1625 and go short. Add to the position between Rs 1575 and Rs 1585. Book profits at Rs 1,570.
HDFC Bank
Current price: Rs 1,533
Target price: Rs 1,565
Keep a stop at Rs 1,520 and go long. Add to the position between Rs 1,550 and Rs 1,560. Book profits at Rs 1,565.
Lupin
Current price: Rs 1,362
Target price: Rs 1,335
Keep a stop at Rs 1,375 and go short. Add to the position between Rs 1,340 and Rs 1,350. Book profits at Rs 1,335.
Target prices, projected movements in terms of next session, unless otherwise stated