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Today's picks- 28 January 2015

Nifty, Bank Nifty, Airtel, HDFC & ONGC

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Devangshu Datta
Last Updated : Jan 28 2015 | 11:22 PM IST
NIFTY
Current: 8,914 (fut: 8,905 )
Target: NA
Stop-loss short positions at 8,975. Stop-long positions at 8,835. A long 9,000c (4) and a long 8,800p (4) could pay off big if it's a volatile settlement session.

BANK NIFTY
Current: 20,491 (futures: 20,451)
Target: 20,275 (futures: 20,275)
Keep a stop at 20,550 and short. Add to the position between 20,300 and 20,325. Book profits at 20,275.

AIRTEL
Current: Rs 374
Target: Rs 380
Keep a stop at Rs 370 and go long. Add to the position between Rs 378 and Rs 379. Book profits at Rs 380.

HDFC
Current: Rs 1,345
Target: Rs 1,320
Keep a stop at Rs 1,360 and short. Add to the position between Rs 1,325 and Rs 1,330. Book profits at Rs 1,320.

ONGC
Current: Rs 354
Target: Rs 360
Keep a stop at Rs 350 and go long. Add to the position between Rs 356 and Rs 357. Book profits at Rs 360.
Target prices, projected movements in terms of next session, unless otherwise stated

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First Published: Jan 28 2015 | 10:40 PM IST

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