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Today's picks- 23 September 2016

Nifty, Bank Nifty, Tata Steel, Adani Ports & Coal India

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Devangshu Datta
Last Updated : Sep 23 2016 | 6:00 AM IST
NIFTY
Current: 8,867 (fut: 8,878),
Target: NA
Stop-long positions at 8,800. Stop-short positions at 8,950. Big moves could go till 9,000, 8,725. A long 8,900(43), short 9,000c (13) could gain 10-15 if the index crosses 8,900.

BANK NIFTY
Current: 20,109 (fut: 20,145)
Target: NA
Stop-loss long positions at 20,025. Stop-short positions at 20,275. Big moves could go till 19,850, 20,450. Uptrend may continue.

TATA STEEL
Current price: Rs 377
Target price: Rs 382
Keep a stop at Rs 374 and go long Add to the position between Rs 380 and Rs 381. Book profits at Rs 382.

ADANI PORTS
Current price: Rs 276
Target price: Rs 282
Keep a stop at Rs 274 and go long. Add to the position between Rs 280 and Rs 281. Book profits at Rs 282.

COAL INDIA
Current price: Rs 327
Target price: Rs 321
Keep a stop at Rs 330 and go short. Add to the position between Rs 322 and Rs 323. Book profits at Rs 321.
Target prices, projected movements in terms of next session, unless otherwise stated

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First Published: Sep 23 2016 | 6:00 AM IST

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