Business Standard

Today's picks: November 28, 2017

Nifty, Bank Nifty, Hindustan Petroleum, Axis Bank, NTPC

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Devangshu Datta
Nifty 

Current: 10399 (fut: 10423), 
Target: NA
Stop-long positions at 10,350. Stop-short positions at 10,500. 
Big moves could go till 10,550, 10,300. A long 10,500c (16), short 10,300p (12) has breakevens at about 10270, 10530.

Bank Nifty 
 
Current: 25,892 (fut: 25,952)
Target: NA
Stop-long positions at 26850. Stop-short positions at 26050. Big moves could go till 25600, 26250. Trend is bullish with a new all-time high yesterday.

Hindustan Petroleum
 
Current price: Rs 423 
Target price: Rs 416 
Keep a stop at 427 and go short. Add to the position between 417-418. Book profits at 416.   

Axis Bank
 
Current price:

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