Today's Picks: 1 December, 2017

Nifty, Bank Nifty, Aurobindo Pharma and more

Nifty       

Current:  10,226 (fut: 10,278) Target: NA

Stop-long positions at 10,200. Stop-short positions at 10,355. Big moves could go till 10,400, 10,150. A long 10,200p (106), 10,100p (71), could gain 15-20 if the index tests 10200. 

Bank Nifty       

Current: 25,332 (futures: 25,469) 

Target: NA  

Stop-long positions at 24,350. Stop-short positions at 25,575. Big moves could go till 25,100, 25,800. Trend could stay down but high volatility likely.

Aurobindo Pharma              

Current price: Rs 693  

Target price: Rs 682

Keep a stop at Rs 700 and go long. Add to the position between Rs 684 and Rs 686. Book profits at Rs 682.

Hindalco

Current price: Rs 240.5  

Target price: Rs 236

Keep a stop at Rs 243 and go short. Add 

to the position between Rs 237 and Rs 238. Book profits at Rs 236. 

Wipro

Current price: Rs 292  

Target price: Rs 297

Keep a stop at Rs 289 and go long. Add to the position between Rs 295 and Rs 296. Book profits at Rs 297. 
 

Target prices, projected movements in terms of next session, unless otherwise stated