<b>Today's Picks:</b> 1 March, 2017

Nifty, Bank Nifty, Bhel, Tech Mahindra, Bharti Infratel

Nifty

Current: 8,879 (fut: 8,913), Target: NA

Stop-long positions at 8,845. Stop-short positions at 8,980. Big moves could go till 9,025, 8,800. A long 8,800p (88), short 8,700p (60) could gain 10-15 if the futures slides till 8,850.

Bank Nifty
 

Current: 20,607 (fut: 20,690)

Target: NA

Stop-long positions at 20,600. Stop-short positions at 20,775. Big moves could go till 20,350, 21,025. Trend seems slightly negative.

BHEL
 

Current price: Rs 162 

Target price: Rs 166 

Keep a stop at Rs 160 and go long. Add to the position between Rs 164 and Rs 165. Book profits at Rs 166.

Bharti Infratel 
 

Current price: Rs 284

Target price: Rs 279

Keep a stop at Rs 287 and go short. Add to the position between Rs 280 and Rs 281. Book profits at Rs 279.

Tech Mahindra  
 

Current price: Rs 499 

Target price: Rs 492

Keep a stop at Rs 503 and go short. Add to the position between Rs 493 and Rs 495. 

Book profits at Rs 492. 

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Target prices, projected movements in terms of next session, unless otherwise stated