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Today's picks- 30 September 2014

Nifty, Bank Nifty, HCL Tech & IDFC

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Devangshu Datta
Last Updated : Sep 30 2014 | 10:30 PM IST
NIFTY
Current: 7,965 (fut: 7,989),
Target: NA
Stop-loss shorts at 8,050. Stop long positions at 7,925. Big moves could go till 7,875 or 8100. A long 8,100c (61), short 8,200c (32) costs 29. It could gain 10-15 if the Nifty futures hits 8,075.

BANK NIFTY
Current: 15,392 (fut: 15,455)
Target: 15,550 (fut: 15,600)
Keep a stop at 15,375 and go long. Add to the position between 15,550 and 15,575. Book profits
at 15,600.

HCL TECH
Current price: Rs 1,715
Target price: Rs 1,740
Keep a stop at Rs 1,700 and go long. Add to the position between Rs 1,725 and Rs 1,730. Book profits at Rs 1,740.

IDFC
Current price: Rs 137
Target price: Rs 142
Keep a stop at Rs 135 and go long. Add to the position between Rs 140 and Rs 141. Book profits at Rs 142.
Target prices, projected movements in terms of next session, unless otherwise stated

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

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