TODAY’S PICKS

Nifty

Current: 9,952 (fut: 9,975), Target: NA Stop-long positions at 9,900. Stop-short positions at 10,050. Big moves could go till 10,100, 9,850. A long 9,900p (88), short 9,800p (62) could gain 10-15 if the market tests 9,900.

Bank Nifty

Current: 24,328 (fut: 24,389) Target: NA Stop-long positions at 24,285. Stop-short positions at 24,500. Big moves could go till 24,700, 24,075. If range-trading pattern is maintained, a drop till 24,150 is likely.

Ambuja Cements

Current price: ~282 Target price: ~287 Keep a stop at ~280 and go long. Add to the position between ~285 and ~286. Book profits at ~287.

Vedanta

Current price: ~318 Target price: ~324 Keep a stop at ~315 and go long. Add to the position between ~322 and ~323. Book profits at ~324.

Sun Pharma

Current price: ~492 Target price: ~483 Keep a stop at ~496 and go long. Add to the position between ~484 and ~486. Book profits at ~483.