Today's picks: November 21, 2017

Nifty, Bank Nifty, Ambuja Cements, Coal India

Nifty 

Current: 10,298 (fut: 10,318), 

Target: NA

Stop-long positions at 10,250. Stop-short positions at 10,375. 

Big moves could go till 10,200, 10,425. A long 10,300p (65), short 10,200p (35) could gain 15-20 if the index drops till 10,250.

Bank Nifty 

Current: 25,768 (fut: 25,829)

Target: NA

Stop-long positions at 25,725. Stop-short positions at 25,925. Big moves could go till 26,100, 25,500. Slight short-term bias towards uptrend.  

Ambuja Cements

Current price: Rs 265 

Target price: Rs 270 

Keep a stop at Rs 262 and go long. Add to the position between Rs 268 and Rs 269. Book profits at Rs 270.  

Coal India  

Current price: Rs 278

Target price: Rs 273

Keep a stop at Rs 281 and go short. Add to the position between Rs 274 and Rs 275. Book profits at Rs 273.

NTPC  

Current price: Rs 180 

Target price: Rs 184

Keep a stop at Rs 178 and go long. Add to the position between Rs 182 and Rs 183. Book profits at Rs 184.

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