<b>Today's picks:</b> 21, March 2017
Nifty, Bank Nifty, TCS, Dr Reddy's, BHEL
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Last Updated : Mar 21 2017 | 6:00 AM IST
Nifty
Current: 9,127 (fut: 9,157) Target: NA
Stop-long positions at 9,080. Stop-short positions at 9,225. Big moves could go till 9,300, 9,000. A long 9100p (41), short
9,000p (18) could gain 15-20 if the futures dips below 9,100.
Bank Nifty
Current: 21110 (futures: 21188)
Target: NA
Stop-long positions at 21,075. Stop-short positions at 21,300. Big moves could go till 21500, 20,900. A correction could find support at 20,600-20,700.
TCS
Current price: Rs 2480
Target price: Rs 2440
Keep a stop at Rs 2,505 and go short. Add to the position between Rs 2,445and Rs 2,455. Book profits at Rs 2,440.
Dr Reddy’s
Current price: Rs 2735
Target price: Rs 2680
Keep a stop at Rs 2,760 and go short. Add to the position between Rs 2,695 and Rs 2,705. Book profits at Rs 2,680.
BHEL
Current price: Rs 171
Target price: Rs 175
Keep a stop at Rs 169.5 and go long. Add to the position between Rs 172.5and Rs 173.5. Book profits at Rs 175.
Target prices, projected movements in terms of next session, unless otherwise stated