Business Standard

Today's Picks: 5 July 2017

Nifty, Bank Nifty, Maruti Suzuki, Coal India, Dr Reddy's Lab

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Devangshu Datta
Nifty 
Current: 9,613 (fut: 9,620), Target: NA
Stop-long positions at 9,570. Stop-short positions at 9,675. Big moves could go till 9,750, 9,500. A long 9,500p (57), 9,400p (36) could gain 10-15 if the index tests 9,550. 

Bank Nifty 
Current: 23,214 (fut: 23,246) Target: NA
Stop-long positions at 23,150. Stop-short positions at 23,350. Big moves could go till 23,600, 22,900. Downside bias more likely.

Maruti Suzuki
Current price: Rs 7,376 Target price: Rs 7,450 
Keep a stop at Rs 7,300 and go long. Add to the position between Rs 7,400 and Rs 7,425. Book profits at Rs 7,450.

Coal India  
Current price: Rs 247 Target price:

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