Today's picks: 15 June, 2017

Nifty, Bank Nifty, Cipla, Coal India, Hind Unilever

Nifty 
 

Current: 9,618 (fut: 9,638), Target: NA

Stop-long positions at 9,570. Stop-short positions at 9,705. Big moves could go till 9,750, 9,500. Excess volatility possible due to Fed review. A long 9,600p (59), short 9,500p (33) 

could gain 15-20 if the index drops till 9,550.

Bank Nifty 
 

Current: 23,500 (fut: 23,491)

Target: NA

Stop-long positions at 23,400. Stop-short positions at 23,600. Big moves could go till 23,850, 23,150. Sector outlook is mildly optimistic.

Cipla
 

Current price: Rs520 

Target price: Rs510 

Keep a stop at Rs525 and go short. Add to the position between Rs512 and Rs514. Book profits at Rs510.

Coal India 
 

Current price: Rs257

Target price: Rs252

Keep a stop at Rs260 and go short. Add to the position between Rs253 and Rs254. Book profits at Rs252.

Hind Unilever   
 

Current price: Rs1,114 

Target price: Rs1,135

Keep a stop at Rs1,105 and go long. Add to the position between Rs1,125 and Rs1,130. 

Book profits at Rs1,135.

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