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Today's picks

Nifty, Bank Nifty, BHEL, Tata Motors & Dabur

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Devangshu Datta New Delhi
NIFTY
Current: 7,108 (fut: 7,138)
Target: NA
Stop-loss shorts at 7,200 and stop-loss long positions at 7,050. Moves could go till 7,250 or till 7,000. Range trading between 7,075 and 7,175 looks most likely today. (All futures prices above)

BANK NIFTY
Current: 14,165 (futures: 14,230)
Target: 14,400
Keep a stop at 14,150 and go long. Add to the position between 14,300 and 14,325. Book profits above 14,400. (All futures prices above)

BHEL
Current: Rs 219
Target: Rs 228
Keep a stop at Rs 214 and go long. Add to the position between Rs 224 and Rs 226. Book profits at Rs 228.

TATA MOTORS
Current: Rs 441
Target: Rs 430
Keep a stop at Rs 446 and go shprt. Add to the position between Rs 435 and Rs 438. Book profits below Rs 430.

DABUR
Current: Rs 189
Target: Rs 195
Keep a stop at Rs 186 and go long. Add to the position between Rs 191 and Rs 193. Book profits above Rs 195.

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

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First Published: May 13 2014 | 10:20 PM IST

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