TODAY’S PICKS
Nifty
Current: 10,443 (fut: 10,472), Target: NA Stop-long positions at 10,390. Stop-short positions at 10,555. Big moves could go till 10,600, 10,350. A long 10,300p (66), short 10,200p (44) could gain 15-20 if the index falls till 10,375.
Bank Nifty
Current: 25,319 (fut: 25,386)
Target: NA
Stop-long positions at 25,275. Stop-short positions at 25,500. Big moves could go till 25,050, 25,725. Trend looks bearish.
Dr Reddys
Current price: ₹2,339
Target price: ₹2,300
Keep a stop at ₹2,360 and go short. Add to the position between ₹2,305 and ₹2,315. Book profits at ₹2,300.
Bajaj Auto
Current price: ₹3,241
Target price: ₹3,185
Keep a stop at ₹3,275 and go short. Add to the position between ₹3,190 and ₹3,205. Book profits at ₹3,185.
Hindalco
Current price: ₹276
Target price: ₹282
Keep a stop at ₹273 and go long. Add to the position between ₹280 and ₹281. Book profits at ₹282.
DEVANGSHU DATTA
Target prices, projected movements in terms of next session, unless otherwise stated