Today's picks: 15 December, 2017

Nifty, Bank Nifty, HPCL, TCS, M&M

Nifty 

Current: 10252 (fut: 10285), 

Target: NA

Stop long positions at 10,210. Stop short positions at 10350. Big moves could go till 10,400, 10,150. Market may range trade until election results. A long 10,100p (80), 10,400c (82) has break-evens at 10,562, 9,938 and may be worth holding for 3-4 sessions. 

Bank Nifty 

Current: 25,038   (fut: 25,218)

Target: NA

Stop long positions at 25,100. Stop short positions at 25,325. Big moves could go till 24,900, 25,450 but range trading likely until election results. 

HPCL  

Current price: Rs 437

Target price: Rs 445

Keep a stop at Rs 432 and go long. Add to the position between Rs 442 and