Business Standard

Today's picks: 20 June, 2017

Nifty, Bank Nifty, Hindalco and Coal India

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Devangshu Datta
Nifty       
Current: 9,657  (fut: 9,676) Target: NA
Stop-long positions at 9,600. Stop-short positions at 9,750. Big moves could go till 9,800, 9,550. A long 9700p (65), short 9,600p (30) could gain 15-20 if the index falls till 9,625.

Bank Nifty       
Current: 23,742  (futures: 23,675) 
Target: NA  
Stop-loss long positions at 23,600. 
Stop-short positions at 23,775. Big moves could go till 24,000, 23,350. Some chances that late session selling may continue.

Hindalco           
Current price: Rs 201
Target price: Rs 205
Keep a stop at Rs 198 and go long. Add to the position between Rs 203.5 and

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