Today's picks: 9 March 2016

NIFTY

Current: 7,485 (futures: 7,453)

Target: NA

Stop-long positions at 7,380. Stop-short positions at 7,520. Big moves could go till 7,320, 7,585. A long 7,300p (71), short 7,200p (50) could gain 15-20 if the futures drops to 7,350.

BANK NIFTY

Current: 15,146 (fut: 15,151)

Target: NA

Stop-long positions at 15,025. Stop-short positions at 15,275. Big moves could go till 15,450, 14,800. Profit-booking

may continue.

ZEE ENTERTAINMENT

Current price: Rs 391

Target price: Rs 384

Keep a stop at Rs 395 and go short. Add to the position between Rs 385 and Rs 386. book profits at Rs 384.

INFOSYS

Current price: Rs 1,163

Target price: Rs 1,140

Keep a stop at Rs 1,175 and go short. Add to the position between Rs 1,148 and Rs 1,153. Book profits at Rs 1,140.

BHARTI AIRTEL

Current price: Rs 332

Target price: Rs 327

Keep a stop at Rs 335 and go short. Add to the position between Rs 328 and Rs 329. Book profits at Rs 327.

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

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