Today's picks: 25 April, 2017

Nifty, Bank Nifty, ACC, HDFC Bank, Lupin

Nifty 

Current: 9,217 (fut: 9,225), Target: NA

Stop-long positions at 9,150. 

Stop-short positions at 9,300. 

Big moves can go to 9,350, 9,100. A long 9,300c (10), short 9,400c (2) could double or triple if the index hits 9,300.

Bank Nifty 

Current: 21,857 (fut: 21,844)

Target: NA

Stop-long positions at 21,750. Stop-short positions at 21,975. Big moves could go till 22,200, 21,500. The short-term trend seems bullish. 

ACC

Current price: Rs 1,607 

Target price: Rs 1,570 

Keep a stop at Rs 1625 and go short. Add to the position between Rs 1575 and Rs 1585. Book profits at Rs 1,570.

HDFC Bank 

Current price: Rs 1,533

Target price: Rs 1,565

Keep a stop