Today's Picks: August 4, 2017
Nifty, Bank Nifty, Bharti Airtel, Coal India, Sun Pharma
premium
Last Updated : Aug 04 2017 | 6:00 AM IST
Nifty
Current: 10,013 (fut: 10,038), Target: NA
Stop long positions at 9,970. Stop short positions at 10,115. Big moves could go till 10,150, 9,900. A long 10000p (96) short 9,900p (65) could gain 15-20 if the index falls till 9975.
Bank Nifty
Current: 24,675 (fut: 24,782)
Target: NA
Stop long positions at 24,625. Stop short positions at 24,925. Big moves could go till 24,450, 25,125. Correction may continue and test support at 24,550-24,575.
Bharti Airtel
Current price: Rs 424 Target: 432
Keep a stop at Rs 420 and go long. Add to the position between Rs 428 and Rs 430. Book profits at Rs 432.
Coal India
Current price: Rs 242 Target: Rs 238
Keep a stop at Rs 244 and go short. Add to the position between Rs 239 and Rs 240. Book profits at Rs 238
Sun Pharma
Current price: Rs 516 Target: Rs 505
Keep a stop at Rs 522 and go short. Add to the position between Rs 507 and Rs 510. Book profits at Rs 505
Target prices, projected movements in terms of next session, unless otherwise stated