Today's picks: 3 January, 2018

Nifty, Bank Nifty, Tata Motors, Indiabulls Housing Finance, HPCL

Nifty

Current: 10,442 (fut: 10,463) Target: NA
 

Stop-long positions at 10,375. Stop-short positions at 10,525. Big moves could go till 10,575, 10,325. A long 10,300p (72), short 10,200p (49) costs 23 and it could gain 15-20 if the index falls till 10,375. 

Bank Nifty

Current: 25,338  (futures: 25,382) 
 

Target: NA  
 

Stop-long positions at 25,275. Stop-short positions at 25,500. Big moves could go till 25,000, 25,750. Trend looks bearish. 

Tata Motors
 

Current price: Rs 439
 

Target price: Rs 448
 

Keep a stop at Rs 435 and go long. Add to the position between Rs 445 and Rs 447. Book profits at Rs