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Today's picks- 27 May 2016

Nifty, Bank Nifty, Infosys, Asian Paints & BHEL

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Devangshu Datta
NIFTY
Current: 8,069 (futures: 8,082)
Target: NA
Stop-long positions at 8,005. Stop-short positions at 8,165. Big moves could go till 8,200, 7,965. A long 8,200c (83), short 8,300c (51) could gain 10-15 if the index hits 8,200.

BANK NIFTY
Current: 17,359 (fut: 17,305)
Target: NA
Stop-short positions at 17,425. Stop-long positions at 17,225. Big moves could go till 17,000, 17,625. Uptrend may continue.

INFOSYS
Current price: Rs 1,238
Target price: Rs 1,265
Keep a stop at Rs 1,225 and go long. Add to the position between Rs 1,250 and Rs 1,255. Book profits at Rs 1,265.

ASIAN PAINTS
Current price: Rs 992
Target price: Rs 1,005
Keep a stop at Rs 985 and go long. Add to the position between Rs 999 and Rs 1,002. Book profits at Rs 1,005.

BHEL
Current price: Rs 129
Target price: Rs 133
Keep a stop at Rs 127 and go long. Add to the position between Rs 131 and Rs 132. Book profits at Rs 133.
Target prices, projected movements in terms of next session, unless otherwise stated
 

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First Published: May 27 2016 | 6:00 AM IST

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