Today's picks: December 06, 2017

Nifty, Bank Nifty, HDFC, Hero MotoCorp, BPCL

Nifty 

Current: 10,118 (fut: 10146), 

Target: NA

Stop long positions at 1075. Stop short positions at 10,225. Big moves could go till 10,000, 10,300. Expect higher volatility. A long 10,000p (90), short 9,900p (65) could gain 10-15 if the index drops below 10050.

Bank Nifty

Current: 25125 (fut: 25247)

Target: NA

Stop long positions at 25,100. Stop short positions at 25,400. Big moves could go till 25,650,24,850. Expect high volatility due to Monetary Policy statement. Trend remains negative but a rate cut could energise bulls.

HDFC  

Current price: Rs 1,679   

Target price: Rs 1,650

Keep a stop at Rs 1,695 and go short. Add to