Today's picks: November 28, 2017
Nifty, Bank Nifty, Hindustan Petroleum, Axis Bank, NTPC
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Last Updated : Nov 28 2017 | 6:30 AM IST
Nifty
Current: 10399 (fut: 10423),
Target: NA
Stop-long positions at 10,350. Stop-short positions at 10,500.
Big moves could go till 10,550, 10,300. A long 10,500c (16), short 10,300p (12) has breakevens at about 10270, 10530.
Bank Nifty
Current: 25,892 (fut: 25,952)
Target: NA
Stop-long positions at 26850. Stop-short positions at 26050. Big moves could go till 25600, 26250. Trend is bullish with a new all-time high yesterday.
Hindustan Petroleum
Current price: Rs 423
Target price: Rs 416
Keep a stop at 427 and go short. Add to the position between 417-418. Book profits at 416.
Axis Bank
Current price: Rs 559
Target price: Rs 560
Keep a stop at 554 and go long. Add to the position between 566-568. Book profits at 560.
NTPC
Current price: Rs 186
Target price: Rs 190
Keep a stop at 184 and go long. Add to the position between 188-189. Book profits at 190.
Target prices, projected movements in terms of next session, unless otherwise stated
Target prices, projected movements in terms of next session, unless otherwise stated