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Today's picks: July 25, 2017

Nifty, Bank Nifty, Dr Reddys, ITC, Indiabulls Housing Finance

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Devangshu Datta
Nifty
       
Current: 9,966  (fut: 9,962) Target: NA

Stop-long positions at 9,900. Stop-short positions at 10,025. Big moves could go till 10,075, 9,825. A long 10,000c (22), short 10,100c (5) could double if 10,000 is hit. 

Bank Nifty  
     
Current: 24,420   (futures: 24,377) Target: NA  

Stop-long positions at 24,275. Stop-short positions at 24,475. Big moves could go till 24,700. 24,000. The index could see profit booking today. Resistance between 24,450 and 24,500. 

Dr Reddys 
           
Current price: Rs 2,696 
Target price: Rs 2,650
Keep a stop at Rs 2,720 and go short. Add to the position between