Business Standard

Today's picks: 25 November 2015

Nifty, Bank Nifty, Larsen & Toubro, BHEL & Hind Unilever

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Devangshu Datta New Delhi
NIFTY

Current: 7,832 (fut: 7,832),
Target: NA

Stop-loss short positions at 7,900. Stop-long positions at 7,755. Big moves could go till 7,700, 7,975 but settlement session may not see a big move. A long Nov 7,800p (18) could gain if the index dips below 7,775

BANK NIFTY

Current: 16,989 (fut: 17,006)
Target: NA

Stop-loss short positions at 17,100. Stop-long positions at 16,900. Big moves are not likely but if they occur, the futures may hit 17,200 or 16,800. A downtrend is a little more likely.

LARSEN & TOUBRO

Current price: Rs 1,342
Target price: Rs 1,310

Keep a stop at Rs 1,355 and go short. Add to the position between Rs 1,315 and Rs 1,325.
Book profits at Rs 1,310.

BHEL

Current price: Rs 174
Target price: Rs 176.5

Keep a stop at Rs 171 and go long. Add to the position between Rs 175 and Rs 176.
Book profits at Rs 176.5.

HIND UNILEVER

Current price: Rs 811
Target price: Rs 800

Keep a stop at Rs 820 and go short. Add to the position between Rs 802 and Rs 805.
Book profits at Rs 800.

Target prices, projected movements in terms of next session, unless otherwise stated
 

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First Published: Nov 25 2015 | 6:00 AM IST

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