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Today's Picks: August 10, 2017

Nifty, Bank Nifty, Vedanta, Lupin, Tata Motors

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Devangshu Datta
Nifty

Current: 9,908 (fut: 9,912), Target: NA
Stop long positions at 9,850. Stop short positions at 9,975. Big moves could go till 9,800, 10,025. A long 9,800p (73), short 9,700p (49) could double if the correction tests the 9,850 support.

Bank Nifty 

Current: 24,374 (fut: 24,434)
Target: NA
Stop long positions at 24,300. Stop short positions at 24,550. Big moves could go till 24,050, 24,800. Correction may continue.

Vedanta  

Current price: Rs 300
Target price: Rs 306
Keep a stop at Rs 297 and go long. Add to the position between Rs 304 and Rs 305. Book profits at Rs 306

Lupin     

Current price: Rs 953
Target price: Rs 935
Keep