Wednesday, March 05, 2025 | 03:35 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Today's picks- 12 April 2016

Nifty, Bank Nifty, Tata Steel & Infosys

Image

Devangshu Datta
NIFTY

Current: 7,671 (fut: 7,695),
Target: NA
Stop-long positions at 7,625. Stop-short positions at 7,765. Big moves could go till 7,825, 7,570. A long 7,700c (62), short 7,800c (30) could gain 10-15 if the futures crosses 7,750.

BANK NIFTY

Current: 15,818 (fut: 15,876)
Target: NA
Stop-long positions at 15,775. Stop-short positions at 15,975. Big moves could go till 16,175, 15,550. Bias may be in favour of an uptrend.

TATA STEEL

Current price: Rs 331
Target price: Rs 337
Keep a stop at Rs 326 and go long. Add to the position between Rs 334 and Rs 336. Book profits at Rs 337

INFOSYS

Current : Rs 1,184 ;
Target : NA
High volatility likely. Infy could mvoe anywhere between Rs 1,150 and Rs 1250. Breakouts/ breakdowns outside that range could lead to a mvoe till Rs 1,025, or till Rs 1,375. Trend looks positive. Traders can take long positions with a stop-loss at Rs 1,150 and a target of Rs 1,235.

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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 12 2016 | 6:00 AM IST

Explore News