Today's picks: 28 March 2017
Nifty, Bank Nifty,Tata Steel, Adani Ports, Bharti Infratel
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Last Updated : Mar 28 2017 | 6:00 AM IST
Nifty
Current: 9,045 (fut: 9,067), Target: NA
Stop-long positions at 8,990. Stop-short positions at 9,150. Bog moves could go till 8,925, 9,200. A long 9,000p (19), short 8,900p (6), could double or even triple if 9,000 is broken.
Bank Nifty
Current: 21,057 (fut: 21,095)
Target: NA
Stop-long positions at 20,990. Stop-short positions at 21,200. Big moves could go till 21,450, 20,750. Correction seems a little more likely.
Tata Steel
Current price: Rs 477
Target price: Rs 485
Keep a stop at Rs 473 and go long. Add to the position between Rs 481 and Rs 483. Book profits at Rs 485.
Adani Ports
Current price: Rs 319
Target price: Rs 312
Keep a stop at Rs 322 and go short. Add to the position between Rs 313 and Rs 315. Book profits at Rs 312.
Bharti Infratel
Current price: Rs 312 Target price: Rs 306
Keep a stop at Rs 315 and go short. Add to the position between Rs 307 and Rs 308. Book profits at Rs 306.
Target prices, projected movements in terms of next session, unless otherwise stated