Indian Stock Market >> Today's picks- 2nd May 2017

Mcx Tips- Ncdex Tips and more >> http://www.ripplesadvisory.com/free-trial.php

Nifty

Current: 9,304 (fut: 9,330)

Target: NA

Stop long positions at 9,270. Stop short positions at 9,400. Big moves could go till 9,450 and 9,210. A long 9,300p (84), short 9,200p (55) could gain 10-15 if the correction continues till below 9,300

Bank Nifty

Current: 22,358 (futures: 22,370)

Target: NA

Stop long positions at 22,250. Stop short positions at 22,500. Big moves could go till 22,725 and 22,000. Corrections could find support at 22,150-22,175

Hindalco

Current price: Rs 199

Target price: Rs 203

Keep a stop at Rs 197 and go long. Add to the position between Rs 201 and Rs 202. Book profits at Rs 203

Maruti Suzuki

Current: Rs 6,543

Target: Rs 6,425

Keep a stop at Rs 6,600 and go short. Add to the position between Rs 6,435 and Rs 6,450. Book profits at Rs 6,425

Bharti Infratel

Current: Rs 355

Target: Rs 348

Keep a stop at Rs 358 and go short. Add to the position between Rs 350 and Rs 352. Book profits at Rs 348