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Today's picks: 6 September 2017

Nifty, Bank Nifty, Ambuja Cements, Vedanta and Sun Pharma

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Devangshu Datta
Nifty 

Current: 9,952 (fut: 9,975), Target: NA

Stop-long positions at 9,900.

Stop-short positions at 10,050.

Big moves could go till 10,100, 9,850.

A long 9,900p (88), short 9,800p (62)

could gain 10-15 if the market tests 9,900.

Bank Nifty 

Current: 24,328 (fut: 24,389)

Target: NA

Stop-long positions at 24,285. Stop-short positions at 24,500.

Big moves could go till 24,700, 24,075.

If the range-trading pattern is maintained, a drop till 24,150 is likely.

Ambuja Cements

Current price: Rs 282

Target price: Rs 287 

Keep a stop at Rs 280 and go long.

Add to the position between Rs 285 and Rs