Today's Picks: 15 March, 2017

Nifty

Current: 9,087 (fut: 9,098)

Target: NA
Stop-long positions at 9,020. Stop-short positions at 9,155. Big moves could go till 9,200, 8,980. A long 9,000p (47), short 8,900p (26) would gain 10-15 if profit-booking pulls the futures down till 9,025.

Bank Nifty       
Current: 21,103 (fut: 21,132)
Target: NA
Stop-long positions at 21,000. Stop-short positions at 21,250. Big moves could go till 20,800, 21,450. Profit booking could peg the financial index temporarily.

IDEA CELLULAR            
Current price: Rs 103 
Target price: Rs 99 
Keep a stop at Rs 105 and go short. Add to the position between Rs 100 and Rs 101. Book profits at Rs 99. 

LARSEN & TOUBRO
Current price: Rs 1,558
Target price: Rs 1,525
Keep a stop at Rs 1,575 and go short. Add to the position between Rs 1,530 and Rs 1,535. Book profits at Rs 1,525. 

WIPRO
Current price: Rs 501 
Target price: Rs 510
Keep a stop at Rs 495 and go long. Add to the position between Rs 506 and Rs 508. Book profits 
at Rs 510
 unless otherwise stated 

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