Today's picks: 26 April, 2017

Nifty, Bank Nifty, Hindustan Unilever, BPCL, Cipla

Nifty 

Current: 9,306 (fut: 9,295)

Target: NA

New all-time high. Stop-loss short positions at 9,355. Stop-loss long positions at 9,245. Big moves could go till 9,400, 9,190. A long 9,300p (34), short 9,200p (10) could gain 10-15 if the market drops till 9,250. 

Bank Nifty 

Current: 22,054 (fut: 22,002)

Target: NA

All time high. Stop-long positions at 21,900. Stop-short positions at 22,100. Big moves could go till 22,350, 21,650. Support at 21,800-21,850 on apullback.

Hindustan Unilever 

Current price: Rs 924 

Target price: Rs 940 

Keep a stop at Rs 915 and go long. Add to the position between Rs 935 and Rs 938. Book profits at Rs 940.

BPCL  

Current price: Rs 739 

Target price: Rs 750

Keep a stop at Rs 732 and go long. Add to the position between Rs 743 and Rs 747. Book profits at Rs 750.

Cipla   

Current price: Rs 553  

Target price: Rs 542

Keep a stop at Rs 559 and go short. Add to the position between Rs 545 and Rs 548. Book profits at Rs 542. 

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Target prices, projected movements in terms of next session, unless otherwise stated

Target prices, projected movements in terms of next session, 

unless otherwise stated