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

Today's picks: 17 February 2015

Nifty, Bank Nifty, HDFC, HCL Tech & DLF

Image
Devangshu Datta
Last Updated : Feb 18 2015 | 10:51 PM IST
NIFTY
Current: 8,869 (fut: 8,886),
Target: NA
Stop-long positions at 8,800. Stop-shorts at 8,965. A long 9,000c (40), short 9,100c (19) could double if the futures tests resistance at 8,950.  

BANK NIFTY
Current: 19,297 (fut: 19,409)
Target: 19,500 (fut: 19,600)
Keep a stop at 19,250 and go long. Add to the position between 19,550 and 19,575. Book profits at 19,600.

HDFC
Current price: Rs 1,329
Target price: Rs 1,355
Keep a stop at Rs 1,310 and go long. Add to the position between Rs 1,340 and Rs 1,350. Book profits at Rs 1,355.

HCL TECH
Current price: Rs 2,033
Target price: Rs 2,060
Keep a stop at Rs 2,005 and go long. Add to the position between Rs 2,045 and Rs 2,055. Book profits at Rs 2,060.

DLF
Current price: Rs 150
Target price: Rs 145
Keep a stop at Rs 152 and go short. Add to the position between Rs 146 and Rs 147. Book profits at Rs 145.
Target prices, projected movements in terms of next session, unless otherwise stated

Also Read

First Published: Feb 18 2015 | 10:30 PM IST

Next Story