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Today's picks- 30 October 2014

Nifty, Bank Nifty, Reliance Industries, IDFC & HCL Tech

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Devangshu Datta New Delhi
Last Updated : Oct 30 2014 | 10:45 PM IST
NIFTY
Current: 8,169 (fut: 8,187)
Target: NA
Stop short positions at 8,230. Stop long positions at 8,125. Big moves could go till 8,300 or 8,100. A long 8,300c and short 8,400c would gain 10-15 if the index hits 8,225.

BANK NIFTY
Current: 16,760 (futures: 16,818)
Target: 16,900 (futures: 16,950)
Keep a stop at 16,750 and go long. Add to the position between 16,875 and 16,900. Book profuts at 16,950.

RELIANCE INDUSTRIES
Current: Rs 979
Target: Rs 1,000
Keep a stop at Rs 965 and go long. Add to the position between Rs 990 and Rs 995.Book profits at Rs 1000.

IDFC
Current: Rs 148
Target: Rs 144
Keep a stop at Rs 150 and short. Add to position between Rs 145 and Rs 146. Book profits at Rs 144.

HCL TECH
Current: Rs 1,577
Target: Rs 1,610
Keep a stop at Rs 1,560 and go long. Add to the position between Rs 1,590 and Rs 1,600. Book profits at Rs 1,610.
Target prices, projected movements in terms of next session, unless otherwise stated

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First Published: Oct 30 2014 | 10:30 PM IST

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