Today's picks: 12 December

Nifty, Bank Nifty, TCS, HDFC, NTPC

Nifty

Current: 10,322 (fut: 10,352), 

Target: NA

Stop-long positions at 10,275. Stop-short positions at 10,425. 

Big moves could go till 10,225, 10,475. A long 10,400p (91), 

short 10,500p (52) could gain 10-15 if the index drops till 10,400. 

Bank Nifty 

Current: 24,405 (fut: 25,421)

Target: NA

Stop long positions at 25,300. Stop short positions at 25,550. Big moves could go till 25,750, 25,075. Range trading between 25,325-25,600 looks likely for next 2-3 sessions.

TCS

Current price: Rs 2,661 

Target price: Rs 2,710 

Keep a stop at 2635 and go 

long. Add to the position between 2695-2705. 

Book profits at 2710.

HDFC

Current price: Rs 1,710

Target price: Rs 1,745

Keep a stop at 1695 and go 

long. Add to the