Today's picks: November 24, 2017
Nifty, Bank Nifty, Hindalco, Adani Ports, HCL Tech
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Last Updated : Nov 24 2017 | 6:30 AM IST
Nifty
Current: 10,348 (fut: 10,370), Target: NA
Stop-long positions at 10,290. Stop-short positions at 10,450. Big moves could go till 10,250, 10,500. Along 10,200p (16), long 10,500c (18) has breakevens at 10,535, 10,165. It could gain 10-15 on a 100 point swing from current prices.
Bank Nifty
Current: 25,736 (fut: 25,787)
Target: NA
Stop-long positions at 25,675. Stop-short positions at 25,900. Big moves could go till 26,100, 25,500. Slight downwards bias.
Hindalco
Current price: Rs 255
Target price: Rs 251
Keep a stop at Rs 257 and go short. Add to the position between Rs 252 and Rs 253. Book profits at Rs 251.
Adani Ports
Current price: Rs 407
Target price: Rs 400
Keep a stop at Rs 412 and go short. Add to the position between Rs 401 and Rs 403. Book profits at Rs 400.
HCL Tech
Current price: Rs 853
Target price: Rs 870
Keep a stop at Rs 845 and go long. Add to the position between Rs 862 and Rs 865
Book profits at Rs 870.
Target prices, projected movements in terms of next session, unless otherwise stated
Target prices, projected movements in terms of next session, unless otherwise stated