Today's picks: November 28, 2017

Nifty, Bank Nifty, Hindustan Petroleum, Axis Bank, NTPC

Nifty 

Current: 10399 (fut: 10423), 

Target: NA

Stop-long positions at 10,350. Stop-short positions at 10,500. 

Big moves could go till 10,550, 10,300. A long 10,500c (16), short 10,300p (12) has breakevens at about 10270, 10530.

Bank Nifty 
 

Current: 25,892 (fut: 25,952)

Target: NA

Stop-long positions at 26850. Stop-short positions at 26050. Big moves could go till 25600, 26250. Trend is bullish with a new all-time high yesterday.

Hindustan Petroleum
 

Current price: Rs 423 

Target price: Rs 416 

Keep a stop at 427 and go short. Add to the position between 417-418. Book profits at 416.   

Axis Bank
 

Current price: Rs 559

Target price: Rs 560

Keep a stop at 554 and go long. Add to the position between 566-568. Book profits at 560.

NTPC  
 

Current price: Rs 186 

Target price: Rs 190

Keep a stop at 184 and go long. Add to the position between 188-189. Book profits at 190.

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

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