Today's picks: 24 May, 2017

Nifty, Bank Nifty, Hindalco, Coal India, Aurobindo Pharma

Premium

Devangshu Datta

Last Updated : May 24 2017 | 6:00 AM IST

Nifty

Current: 9,386 (fut: 9,388) Target: NA

Stop short positions at 9,450 and long positions at 9,325. Big moves could go till 9,500, 9,295. A long 9,300p (23), short 9,200p (12) could double or triple in value if the index drops to 9,300.

Bank Nifty

Current: 22,582 (futures: 22,575)

Target: NA

Stop long positions at 22,475. stop short positions at 22,675. Big moves could go till 22,250, 22,900. Correction may continue

Hindalco

Current price: Rs 192

Target price: Rs 196

Keep a stop at Rs 190 and go long. Add to the position

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in