Today's picks: 28 April, 2017
Nifty, Bank Nifty, Aurobindo Pharma, ACC, Coal India
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Last Updated : Apr 28 2017 | 6:00 AM IST
Nifty
Current: 9,342 (fut: 9,353) Target: NA
Stop-long positions at 9,405. Stop-short positions 9,295. Big moves could go till 9,225, 9,455. A long 9200p (54) , short 9,100p (33) could gain 10-15 if the index dips till 9,275.
Bank Nifty
Current: 22,326 (futures: 22,285)
Target: NA
Stop-ong positions at 22,175. Stop-short positions at 22,400. Big moves could go till 22,600, 21,950. Correction may be a little more likely.
Aurobindo Pharma
Current price: Rs 607
Target price: Rs 595
Keep a stop at Rs 613 and go short. Add to the position between Rs 597 and Rs 600. Book profits at Rs 595.
ACC
Current price: Rs 1,636
Target price: Rs 1,665
Keep a stop at Rs 1,620 and go long. Add to the position between Rs 1,650 and Rs 1,660. Book profits at Rs 1,665.
Coal India
Current price: Rs 274
Target price: Rs 269
Keep a stop at Rs 277 and go short. Add to the position between Rs 270 and Rs 271. Book profits at Rs 269.
Target prices, projected movements in terms of next session, unless otherwise stated