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Today's picks- 11 November 2014

Nifty, Bank Nifty, Cairn, BHEL & IDFC

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Devangshu Datta New Delhi
Last Updated : Nov 11 2014 | 10:41 PM IST
NIFTY
Current: 8,362 (fut: 8,399),
Target: NA
Stop-loss short positions at 8,450. Stop long positions at 8,325. Big moves could go till 8,525 or 8,275. A long 8,500c (35) and long 8,300p (43) could gain 15-20 if there's a big move.

BANK NIFTY
Current: 17,390 (fut: 17,547)
Target: 17,550 (fut: 17,675)
Keep a stop at 17,475 and go long. Add to the position between 17,625 and 17,650. Book profits at 17,675.

CAIRN
Current price: Rs 274
Target price: Rs 269
Keep a stop at Rs 277 and go short. Add to the position between Rs 270 and Rs 271. Book profits at Rs 269.

BHEL
Current price: Rs 245
Target price: Rs 240
Keep a stop at Rs 248 and go shrt. Add to the position between Rs 241 and Rs 242. Book profits at Rs 240.

IDFC
Current price: Rs 155
Target price: Rs 159
Keep a stop at Rs 153 and go long. Add to the position between Rs 157 and Rs 158. Book profits at Rs 159.
Target prices, projected movements in terms of next session, unless otherwise stated

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First Published: Nov 11 2014 | 10:28 PM IST

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