Business Standard

Today's picks: 14 December, 2017

Nifty, bank Nifty, Powergrid, Tata Motors, Larsen & Toubro

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Devangshu Datta
Nifty       
Current: 10,193  (fut: 10,227) Target: NA
Stop long positions at 10,150. Stop short positions at 10,300. Big moves could go till 10,075, 10,350. A long 10,100p (88), 10,300c (98) indicates that traders are expecting a major move, since breakevens are at 10,486, 9,914. 

Bank Nifty       
Current: 25,000   (futures: 25,048
Target: NA  
Stop long positions at 24,925. Stop short positions at 25,175. Big moves could go till 25,400, 27,700. the current trend seems negative. 

Powergrid             
Current price: Rs 200 
Target price: Rs 205
Keep a stop at Rs 198 and go long. Add to the position between Rs 203

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