Today's picks- 11 March 2015

Nifty, Bank Nifty, ONGC, Bharti Airtel & TCS

NIFTY
Current: 8,700 (fut: 8,760)
Target: NA
Stop-loss long positions at 8,675. Stop-short positions at 8,835. Support at 8,650 may be tested. A long 8,600p (53) , short 8,500p (33) could double if the futures drop till 8,650.

BANK NIFTY

Current: 19,044 (futures: 19,218)
Target: 18,875 (futures: 18,975)
Keep a stop at 19,350 and short. Add to the position between 19,025 and 19,050. Book profits at 18,975.

ONGC
Current: Rs 309
Target: Rs 303
Keep a stop at Rs 313 and short. Add to the position between Rs 305 and Rs 306. Book profits at Rs 303.

BHARTI AIRTEL
Current: Rs 390
Target: Rs 382
Keep a stop at Rs 394 and short. Add to the position between Rs 383 and Rs 384. Book profits at Rs 382.

TCS
Current: Rs 2,607
Target: Rs 2,640
Keep a stop at Rs 2,580 and go long. Add to the position between Rs 2,630 and Rs 2,635. Book profits at Rs 2,640.
Target prices, projected movements in terms of next session, unless otherwise stated