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Today's picks: 9 May, 2017

Nifty, Bank Nifty, ACC, Adani Ports, Larsen & Toubro

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Devangshu Datta
Nifty       

Current: 9,314  (fut: 9,345) Target: NA

Stop-long positions at 9,270. Stop-short positions at 9,420. Big moves could go till 9,475, 9,225. A long 9,300p (62), short 9,200p (37) could gain 10-15 if the futures falls below 9,300.

Bank Nifty       

Current: 22,801   (futures: 22,786

Target: NA  

Stop-long positions at 22,675. Stop-short positions at 22,900. Big moves could go till 23,100, 22,450. The index may be ready for a correction after several up-sessions.   

ACC           

Current price: Rs 1,711 

Target price: Rs 1,740

Keep a stop at Rs 1,695 and go long. Add to the