Tuesday, 9 May 2017

Today's picks: 9 May, 2017 -By Ripples Advisory Free Stock Tips provider



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Nifty

Current: 9,314 (fut: 9,345) Target: NA

Stop-long positions at 9,270. Stop-short positions at 9,420. Big moves could go till 9,475, 9,225. A long 9,300p (62), short 9,200p (37) could gain 10-15 if the futures falls below 9,300.

Bank Nifty

Current: 22,801 (futures: 22,786)

Target: NA

 
Stop long positions at 22,675. Stop-short positions at 22,900. Big moves could go till 23,100, 22,450. The index may be ready for a correction after several up-sessions.

ACC

Current price: Rs 1,711

Target price: Rs 1,740

Keep a stop at Rs 1,695 and go long. Add to the position between Rs 1,730 and Rs 1,735. Book profits at Rs 1,740.

Adani Ports

Current price: Rs 340

Target price: Rs 335

Keep a stop at Rs 343 and go short. Add to the position between Rs 336 and Rs 337. Book profits at Rs 335.

Larsen & Toubro

Current price: Rs 1,710

Target price: Rs 1,680

Keep a stop at Rs 1,725 and go short.

Add to the position between Rs 1,685 and Rs 1,690. Book profits at Rs 1,680.

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