Web Sify
Follow us on
Mail
Print

Today's picks: Jindal Steel, TCS, R-Power

Source : BUSINESS_STANDARD
Last Updated: Tue, Aug 26, 2014 02:59 hrs
nse

NIFTY
Current: 7,906 (fut: 7,914),
Target: NA
Stop-loss shorts at 7,980. Stop-loss long positions at 7,850. Big mvoes could go till 7,800 or 8,025. Downside bias is visible. A long 7,900p (30) and short 7,800p (7) could double on a dip to 7,850. (All futures prices)

BANK NIFTY
Current: 15,669 (fut: 15,703)
Target: 15,555 (fut: 15,575)


Keep a stop at 15,775 and short. Add to be position between 15,600 and 15,625. Book profits at 15,575. (All futures prices)

JINDAL STEEL
Current price: Rs 253
Target price: Rs 235
Keep a stop at Rs 261 and short. Add to the position between Rs 238 and Rs 240. Book profits at Rs 235.

TCS
Current price: Rs 2,522
Target price: Rs 2,565
Keep a stop at Rs 2,500 and go long. Add to the position between Rs 2,545 and Rs 2,555. Book profits at Rs 2,565.

RELIANCE POWER
Current price: Rs 82.5
Target price: Rs 80
Keep a stop at Rs 84 and go short. Add to the position between Rs 81 and Rs 81.5. Book profits at Rs 80.
Target prices, projected movements in terms of next session, unless otherwise stated

More from Sify:
blog comments powered by Disqus
most popular on facebook
talking point on sify finance