Today's picks: 13 September 2017

Nifty, Bank Nifty, Bharat Petroleum, Tata Steel and Wipro

Nifty 

Current: 10,093 (fut: 10,105) Target: NA

Stop-long positions at 10,025.

Stop-short positions at 10175.

Big moves could go till 9,950, 10,250.

New high likely. A long 10,200c (37) short 10,300c (13)

bullspread could gain 10-15 if the index breaks 10,175.

Bank Nifty 

Current: 24,780 (fut: 24,785)

Target: NA

Stop-long positions at 24,675.

Stop-short positions at 24,900.

Big moves could go till 25,100, 24,500.

Uptrend is likely to continue and new high possible.

Bharat Petroleum

Current price: Rs 534 

Target price: Rs 545 

Keep a stop at Rs 529 and go long.

Add to the position between Rs 540 and Rs 543. Book profits at Rs 545. 

Tata Steel

Current price: Rs 683

Target price: Rs 695

Keep a stop at Rs