Today's picks

Nifty, Bank Nifty, Bharti Airtel, Tata Motors, TCS

Nifty

Current: 10,303 (fut: 10,365), Target: NA

Stop-long positions at 10,290. Stop-short positions at 10,425. Big moves could go till 10,250, 10,475. A long 10,300p (87), short 10,200p (59) could gain 10-15 if the futures falls till 10,275.

Bank Nifty 

Current: 25,184 (fut: 25,338)

Target: NA

Stop-long positions at 25,250. Stop-short positions at 25,425. Big moves could go till 25,650, 25,000. There could be a rebound today on short-covering. 

Bharti Airtel  

Current price: Rs 495

Target price: Rs 487

Keep a stop at Rs 500 and go 

short. Add to the position between Rs 489 and Rs 490. 

Book profits at Rs 487.  

Tata Motors 

Current price: Rs 438

Target price: Rs 430

Keep a stop at Rs 443 and go short. Add to the position between Rs 431 and Rs 433. Book profits at Rs 430. 

TCS  

Current price: Rs 2,735

Target price: Rs 2,785

Keep a stop at Rs 2,710 and go long. Add to the position between Rs 2,770 and Rs 2,780. Book profits at Rs 2,785. 

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