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Today's picks- 11 December 2014

Nifty, Bank Nifty, HCL Tech, Jindal Steel & Airtel

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Devangshu Datta New Delhi
Last Updated : Dec 12 2014 | 12:10 AM IST
NIFTY
Current: 8,293 (fut: 8,347),
Target: NA
Stop-loss shorts at 8,405. Stop long positions at 8,270. Big moves could go till 8,225 or 8,475. A long 8,500c (19) and long 8,200p (25) could gain 10-15 if the index swings 100 points.

BANK NIFTY
Current: 18,405 (fut: 18,502)
Target: 18,550 (fut: 18,650)
Keep a stop at 18,400 and go long. Add to the position between 18,600 and 18,625. Book profits at 18,650.

HCL TECH
Current price: Rs 1,552
Target price: Rs 1,520
Keep a stop at Rs 1,570 and short. Add to the position between Rs 1,525 and Rs 1,535. Book profits at Rs 1,520.

JINDAL STEEL
Current price: Rs 144
Target price: Rs 140
Keep a stop at Rs 146 and short. Add to the position between Rs 141 and Rs 142. Book profits at Rs 140.

AIRTEL
Current price: Rs 343
Target price: Rs 348
Keep a stop at Rs 340 and go long. Add to the position between Rs 346 and Rs 347. Book profits at Rs 348.

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

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First Published: Dec 11 2014 | 10:30 PM IST

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