Don’t miss the latest developments in business and finance.

Today's picks- 13 January 2015

Nifty, Bank Nifty, Hindustan Unilever, Cairn & TechM

Image
Devangshu Datta
Last Updated : Jan 12 2015 | 10:40 PM IST
NIFTY
Current: 8,323 (fut: 8,362.50),
Target: NA
Stop short positions at 8,430. Stop-long positions at 8,275. A long 8,500c (43) and short 8,600c (20) costs 23. It could gain 10-15 if the market moves past 8,450.

BANK NIFTY
Current: 18,795.85 (fut: 18,898.7)
Target: 19,000 (fut: 19,100)
Keep a stop at 18,775 and go long. Add to the positions between 19,050 and 19,075. Book profits at 19,100.

HINDUSTAN UNILEVER
Current price: Rs 896
Target price: Rs 915
Keep a stop at Rs 885 and go long. Add to the position between Rs 905 and Rs 910. Book profits at Rs 915

CAIRN
Current price: Rs 236
Target price: Rs 230
Keep a stop at Rs 239 and go short. Add to the position between Rs 231 and Rs 232. Book profits at Rs 230.

TECHM
Current price: Rs 2,754
Target price: Rs 2,800
Keep a stop at Rs 2,725 and go long. Add to the position between Rs 2,765 and Rs 2,775. Book profits at Rs 2,800.
Target prices, projected movements in terms of next session, unless otherwise stated

Also Read

First Published: Jan 12 2015 | 10:30 PM IST

Next Story