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Today's picks- 25 February 2015

Nifty, Bank Nifty, ACC, Tata Steel & Sun Pharma

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Devangshu Datta
NIFTY
Current: 8,767 (fut: 8,768)
Target: NA
Stop-loss short positions at 8,850. Stop-long positions at 8,690. A long Feb 8,800c (20), long Feb 8,700p (10) gains if the index moves beyond 8,669 or 8,830.

BANK NIFTY
Current: 18,733 (futures: 18,741)
Target: 18,950 (futures: 18,950)
Keep a stop at 18,625 and go long. Add to the position between 18,850 and 18,875. Book profits at 18,950.

ACC
Current: Rs 1,656
Target: Rs 1,690
Keep a stop at Rs 1,640 and go long. Add to the position between Rs 1,675 and Rs 1,680. Book profits at Rs 1,690.

TATA STEEL
Current: Rs 351
Target: Rs 342
Keep a stop at Rs 355 and short. Add to the position between Rs 344 and Rs 345. Book profits at Rs 342.

SUN PHARMA
Current: Rs 891
Target: Rs 906
Keep a stop at Rs 880 and go long. Add to the position between Rs 900 and Rs 903. Book profits at Rs 906.
Target prices, projected movements in terms of next session, unless otherwise stated
 

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First Published: Feb 25 2015 | 10:30 PM IST

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