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Today's picks

Nifty, Bank Nifty, Maruti, IDFC & Coal India

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Devangshu Datta
Last Updated : Jun 25 2014 | 10:30 PM IST
NIFTY
Current: 7,569 (fut: 7,576)
Target: NA
Stop-loss shorts at 7,625. Stop long positions at 7,525. Moves beyond these limits could go till 7,450 or 7,650. A combo of long 7,600c (14) and long 7,550p (12) has breakevens at 7,524,7,626.

BANK NIFTY
Current: 15,242 (futures: 15,238)
Target: 15,125
Keep a stop at 15,300 and short. Add to the position between 15,175 and 15,200. Book profits at 15,125.

MARUTI
Current: Rs 2,471
Target: Rs 2,320
Keep a stop at Rs 2,450 and go long. Add to the position between Rs 2,490 and Rs 2,300. Book profits at Rs 2,320.

IDFC
Current: Rs 128
Target: Rs 124
Keep a stop at Rs 130 and short. Add to the position between Rs 125 and Rs 127. Book profits at Rs 124.

COAL INDIA
Current: Rs 398
Target: Rs 407
Keep a stop at Rs 392 and go long. Add to the position between Rs 400 and Rs 404. Book profits at Rs 407.
Target prices, projected movements in terms of next session, unless otherwise stated

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First Published: Jun 25 2014 | 10:30 PM IST

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