<b>Today's Picks:</b> 7 March, 2017
Nifty, BHEL, Ambuja Cement
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Last Updated : Mar 07 2017 | 6:00 AM IST
Nifty
Current: 8,963 (fut: 8,978)
Current: 8,963 (fut: 8,978)
Target: NA
Stop-long positions at 8,895. Stop-short positions at 9,025. Big moves could go till 9,100, 8,850. A long 9,100c (64), short 9,200c (36) could gain 10-15 if the futures hits tests 9,050.
Bank Nifty
Current: 20,664 (fut: 20,740)
Target: NA
Stop-long positions at 20,625. Stop-short positions at 20,870. Big moves could go till 21,050, 20,450. Momentum looks positive.
BHEL
Current price: Rs 161
Target price: Rs 165
Keep a stop at Rs 159 and go long. Add to the position between Rs 163 and Rs 164. Book profits at Rs 165.
Ambuja Cement
Current price: Rs 225
Target price: Rs 220
Keep a stop at Rs 227 and go short. Add to the position between Rs 221 and Rs 222. Book profits at Rs 220.
Target prices, projected movements in terms of next session, unless otherwise stated