WebSify
Follow us on
Mail
Print

Today's picks: Tata Power, IDFC, Hcl Tech

Source : BUSINESS_STANDARD
Last Updated: Thu, Aug 21, 2014 02:48 hrs
Sensex

NIFTY
Current: 7,875 (fut: 7,882),
Target: NA
Stop-loss short positions at 7,935. Stop long positions at 7,825. Big moves could go till 7,775 or 8,000. A strangle of long 8,000c (15) and long 7,800p (24) could double in value on a big swing.

BANK NIFTY
Current: 15,482 (fut: 15,501)
Target: 15,350 (fut: 15,375)


Keep a stop at 15,555 and short. Add to the position between 15,425 and 15,450. Book profits at 15,375.

TATA POWER
Current price: Rs 95
Target price: Rs 98
Keep a stop at Rs 93 and go long. Add to the position between Rs 96 and Rs 97. Book profits at Rs 98.

IDFC
Current price: Rs 149.8
Target price: Rs 145
Keep a stop at Rs 151 and short. Add to the position between Rs 146 and Rs 147. Book profits at Rs 145.

HCL TECH
Current price: Rs 1,559
Target price: Rs 1,595
Keep a stop at Rs 1,545 and go long. Add to the position between Rs 1,570 and Rs 1,575. Book profits at Rs 1,595.
Target prices, projected movements in terms of next session, unless otherwise stated

blog comments powered by Disqus
most popular on facebook
talking point on sify finance