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Today's picks- 8 April 2015

Nifty, Bank Nifty, Bharti Airtel, Coal India & Tata Power

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Devangshu Datta
Last Updated : Apr 08 2015 | 11:58 PM IST
NIFTY
Current: 8,715 (fut: 8,767),
Target: NA
Stop-loss short positions at 8,825. Stop-loss long positions at 8,690. A long 8,900c (51), short 9,000c (26) costs 25-it could double if the futures crosses 8,850.

BANK NIFTY
Current: 18,416 (fut: 18,516)
Target: 18,250 (fut: 18,350)
Keep a stop at 18,625 and short. Add to the position between 18,375 and 18,400. Book profits at 18,350.

BHARTI AIRTEL
Current price: Rs 419
Target price: Rs 426
Keep a stop at Rs 415 and go long. Add to the position between Rs 423 and Rs 424. Book profits at Rs 426.

COAL INDIA
Current price: Rs 380
Target price: Rs 387
Keep a stop at Rs 377 and go long. Add to the position between Rs 383 and Rs 385. Book profits at Rs 387.  

TATA POWER
Current price: Rs 77.5
Target price: Rs 76
Keep a stop at Rs 78.5 and go short. Add to the position between Rs 76 and Rs 76.5. Book profits at Rs 76

Target prices, projected movements in terms of next session, unless otherwise stated

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First Published: Apr 08 2015 | 11:40 PM IST

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