<b>Today's picks:</b> 17, March 2017
Nifty, Bank Nifty, Hindalco, Asian Paints, NTPC
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Last Updated : Mar 17 2017 | 6:00 AM IST
Nifty
Current: 9,154 (fut: 9,177), Target: NA
Stop-loss long positions at 9,100. Stop-short positions at 9,250. Big moves could go till 9,300, 9,050. A long 9,100p (41), short 9,000p (22) could gain 10-15 if the futures falls on profit booking.
Bank Nifty
Current: 21,250 (fut: 21,325)
Target: NA
Stop-loss short positions at 21.225. Stop-long positions at 21,400. Big moves could go till 21,650, 21,000. Major resistance at 21,375-21,400.
Hindalco
Current price: Rs 199
Target price: Rs 203
Keep a stop at Rs 197 and go long. Add to the position between Rs 201 and Rs 202. Book profits at Rs 203.
Asian Paints
Current price: Rs 1,087 Target price: Rs 1,105
Keep a stop at Rs 1,075 and go long. Add to the position between Rs 1,095 and Rs 1,100. Book profits at Rs 1,105.
NTPC
Current price: Rs161 Target price: Rs158
Keep a stop at Rs 163 and go short. Add to the position between Rs 158.5 and Rs 159. Book profits at Rs 158.
Target prices, projected movements in terms of next session, unless otherwise stated