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Today's picks: 29 August 2017

Nifty, Bank Nifty, Tata Steel, Coal India, NTPC

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Devangshu Datta
Nifty       
Current: 9,912 (fut: 9,915) Target: NA
Stop-long positions at 9,850. Stop-short positions at 9,975. Big moves could go till 10,025, 9,800. A short 10,000c (12), short 9,800p (12) has breakeven at 10,025, 9,775. This is unlikely to be hit in the remaining 3 sessions.

Bank Nifty       
Current: 24,377  (futures: 24,363
Target: NA  
Stop-long positions at 24,275. Stop-short positions at 24,475. Big moves could go till 24,650, 24,050. Big moves seem unlikely. Trend may have bearish bias.

Tata Steel           
Current price: Rs 635 
Target price: Rs 648
Keep a stop at Rs 628 and go long. Add to