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Today's picks: July 20, 2017

Nifty, Bank Nifty, Tata Steel, Ambuja Cements, Bharti Airtel

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Devangshu Datta
Nifty       

Current: 9,899  (fut: 9,923) Target: NA
Stop-long positions at 9,865. Stop-short positions at 10,000. Big moves could go till 10,050, 9,800. A long 9,900c (66), short 10,000c (24) could gain 15-20 if the index tests 9,975. 

Bank Nifty      

Current: 24,152   (futures: 24,222
Target: NA  
Stop-long positions at 24,100. Stop-short positions at 24,350. Big moves could go till 24,550, 23,900. Trend looks bullish with a new high on Tuesday. 

Tata Steel            

Current price: Rs 571 
Target price: Rs 580
Keep a stop at Rs 565 and go long. Add to the position between Rs 576 and