Business Standard

Today's picks: From L&T to Zee, hot stocks to watch on Thursday

Nifty, Bank Nifty, UPL, Larsen & Toubro and Zee Entertainment

Devangshu Datta 

Current: 10,492 (fut: 10,520), Target: NA

Stop-long positions at 10,450. Stop-short positions at 10,575. Big moves could go till 10,400, 10,625. A long 10,400p (96), short 10,300p (70) could gain 10-15 if the support at 10,450 is tested. But there could be a rebound ahead of the long weekend.

Bank

Current: 25,107 (fut: 25,178)

Target: NA

Stop-long positions at 25,075. Stop-short positions at 25,275. Big moves could go till 25,500, 24,850. There could be a rebound ahead of the long weekend.

UPL

Current price: Rs 729

Target price: Rs 740

Keep a stop at Rs 722 and go

long. Add to the position between Rs 736 and Rs 739.

Book profits at Rs 740.

Current price: Rs 1,318

Target price: Rs 1,295

Keep a stop at Rs 1,330 and go short. Add to the position between Rs 1,300 and Rs 1,305. Book profits at Rs 1,295.

Current price: Rs 565

Target price: Rs 556

Keep a stop at Rs 570 and go short. Add to the position between Rs 557 and Rs 559.

Book profits at Rs 556.


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

First Published: Thu, March 01 2018. 06:30 IST
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