Today's picks: November 30, 2017

Nifty, Bank Nifty, Asian Paints, TCS, Coal India

Nifty

Current: 10,361 (fut:  10,354), 

Target: NA

Stop long positions at 10,275. Stop short positions at 10,425. Big moves could go till 10,475, 10,225. A long 10,300p (12), long 10,400c (13) combination has break-evens at 10,425, 10,275. 

Bank Nifty

Current: 25,795 (fut: 25,790)

Target: NA

Stop long positions at 25,700. Stop short positions at 25,890. Big moves could go till 26,050, 25,550. Bias is slightly bearish.  

Asian Paints

Current price: Rs 1,154 

Target price: Rs 1,138 

Keep a stop at Rs 1,165 and go short. Add to the position between Rs 1,140 and Rs 1,142. Book profits at Rs 1,138. 

TCS 

Current price: Rs 2,658 

Target price: Rs 2,620

Keep a stop at Rs 2,685 and go short. Add to the position between Rs 2,625 and Rs 2,630. Book profits at Rs 2,620. 

Coal India

  

Current price: Rs 276  

Target price: Rs 280

Keep a stop at Rs 274 and go long. Add to the position between Rs 278 and Rs 279. Book profits at Rs 280.


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