Today's picks: 4 January, 2018

Nifty
Current: 10,443 (fut: 10,472), Target: NA
Stop-long positions at 10,390. 
Stop-short positions at 10,555. Big moves could go till 10,600, 10,350. 
A long 10,300p (66), short 10,200p (44) could gain 15-20 if the index falls till 10,375.   

Bank Nifty
Current: 25,319 (fut:25,386)
Target: NA
Stop-long positions at 25,275. Stop-short positions at 25,500.  Big moves could go till 25,050, 25,725. Trend looks bearish.
  
Dr Reddys
Current price: Rs 2,339 
Target price: Rs 2,300
Keep a stop at Rs 2,360 and go short. Add to the position between Rs 2,305 and Rs 2,315. Book profits at Rs 2,300.  

Bajaj Auto   
Current price: Rs 3,241
Target price: Rs 3,185
Keep a stop at Rs 3,275 and go short. Add to the position between Rs 3,190 and Rs 3,205. Book profits at Rs 3,185.

Hindalco   
Current price: Rs 276
Target price: Rs 282
Keep a stop at Rs 273 and go 
long. Add to the position between Rs 280 and Rs 281. 
Book profits at Rs 282.

/> Target prices, projected movements in terms of next session, unless otherwise stated