<b>Today's picks:</b> 16 February, 2017
Nifty, Bank Nifty, ITC, Sun Pharma, BPCL
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Last Updated : Feb 16 2017 | 6:00 AM IST
Nifty
Current: 8,725 (fut: 8,749), Target: NA
Stop-loss long positions at 8,675. Stop-short positions at 8,825.
Big moves could go till 8,625, 8,850. A long 8,700p (43), short 8,600p (20) could gain 10-15 if the futures falls below 8,675.
Bank Nifty
Current: 20,164 (fut: 20,216)
Target: NA
Stop-loss long positions at 20,100. Stop-short positions at 20,325. Big moves could go till 20,550, 19,875. Trend seems to be bearish.
ITC
Current price: Rs 273
Target price: Rs 278
Keep a stop at Rs 270 and go long. Add to the position between Rs 275 and Rs 277.
Book profits at Rs 278
Sun Pharma
Current price: Rs 623
Target price: Rs 610
Keep a stop at Rs 630 and go short. Add to the position between Rs 614 and Rs 616.
Book profits at Rs 610.
BPCL
Current price: Rs 675
Target price: Rs 663
Keep a stop at Rs 682 and go short. Add to the position between Rs 665 and Rs 669.
Book profits at Rs 663.
Target prices, projected movements in terms of next session, unless otherwise stated