Today's picks: November 16, 2017

Nifty, Bank Nifty, Hindalco, Bajaj Finance, Asian Paints

Nifty 

Current: 10,118 (fut: 10,133), Target: NA

Stop-long positions at 10,060. Stop-short positions at 10,200. Big moves could go till 10,250, 10,000. A long 10,100p (70) short 10,000p (44) could gain 15-20 If the index drops till 10,050.

Bank Nifty 

Current: 25,219 (fut: 25,327) Target: NA

Stop-long positions at 25,200. Stop-short positions at 25,450.  Big moves could go till 25,000, 25,650. Bearish bias. A long November 25,200p (58), short 25,100p (32) could have a big payoff if the index falls today.

Hindalco

Current price: Rs 252 Target price: Rs 247 

Keep a stop at Rs 255 and go short. Add to the position between Rs