Today's picks: 11 April, 2017

Nifty, Bank Nifty, Indiabulls Housing, Tech Mahindra and BPCL

Nifty

Current: 9,181   (fut: 9,209)

Target: NA

Stop-long positions at 9,156. Stop-short positions at 9,285. Big moves could go till 9,075, 9,340. A long 9,100p ( 45), short 9,000p (25) could gain 10-15 if the index drops till 9,150.

Bank Nifty

Current: 21,520   (futures: 21,569) 

Target: NA  

Stop-long positions at 21,450. Stop-short positions at 21,700. Big moves could go till 21,900, 21,175. Bias may be slightly negative.  

Indiabulls Housing

Current price: Rs 935 

Target price: Rs 916

Keep a stop at Rs 945 and go short. Add to the position between Rs 920 and Rs 925. Book profits at Rs 916. 

Tech Mahindra

Current price: Rs 443   

Target price: Rs 435

Keep a stop at Rs 448 and go short. Add to the position between Rs 436 and Rs 438. Book profits at Rs 435.

BPCL

Current price: Rs 700  

Target price: Rs 715

Keep a stop at Rs 690 and go long. Add to the position between Rs 710 and Rs 712. Book profits at Rs 715.