Today's picks: From Axis Bank to ONGC, hot stocks to watch on Thursday

Big moves in Nifty could go till 10,325, 10,600

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Devangshu Datta
Last Updated : Feb 15 2018 | 2:02 AM IST
Nifty       
Current:  10,500  (fut: 10,462)  Target: NA
Stop-long positions at 10,390. Stop-short positions at 10,525. Big moves could go till 10,325, 10,600. A long 10,300p (64), short 10,200p (44) could gain 15-20 if the downtrend breaks 10,350. 

Bank Nifty       
Current:  25,341   (futures: 25,305) 
Target: NA  

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Stop-long positions at 24,200. Stop-short positions at 25,400. Big moves could go till 24,975, 25,650. Downtrend likely to continue. 

Axis Bank            
Current price: Rs 544 
Target price: Rs 535
Keep a stop at Rs 550 and go short. Add to the position between Rs 536 and Rs 538. Book profits at Rs 535. 

Tech Mahindrra    
Current price: Rs 612   
Target price: Rs 622
Keep a stop at Rs 605 and go long. Add to the position between Rs 619 and Rs 621. Book profits at Rs 622.

ONGC         
Current price: Rs 186  
Target price: Rs 181
Keep a stop at Rs 188 and go short. Add to the position between Rs 182 and Rs 183. Book profits at Rs 181. 

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