Today's Picks: 22 March, 2017
Nifty, Bank Nifty, ITC, Aurobindo Pharma, Dr Reddy
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Last Updated : Mar 22 2017 | 6:00 AM IST
Nifty
Current: 9,121 (fut: 9,155), Target: NA
Stop-long positions at 9,075. Stop-short positions at 9,235. Big moves could go till 9,300, 9,000. A long 9,100p (37), short 9,000p (16) could gain 15-20 if the index drops till 9,075.
Bank Nifty
Current: 21,019 (fut: 21,110)
Target: NA
Stop-loss long positions at 21,000. Stop-short positions at 21,225. Big moves could go till 21,450, 20,800. Correction may continue for another session.
ITC
Current price: Rs 288
Target price: Rs 292
Kepe a stop at Rs 286 and go long. Add to the position between Rs 290 and Rs 291. Book profits at Rs 292.
Aurobindo Pharma
Current price: Rs 692
Target price: Rs 680
Keep a stop at Rs 698 and go short. Add to the position between Rs 683 and Rs 686. Book profits at Rs 680.
Dr Reddy
Current price: Rs 2,623
Target price: Rs 2,575
Keep a stop at Rs 2,650 and go short. Add to the position between Rs 2,580 and Rs 2,590. Book profits at Rs 2,575.
Target prices, projected movements in terms of next session, unless otherwise stated