 "Today's picks: From Bharti Infratel to TCS hot stocks to watch on Wednesday")
Nifty
Current: 10,739 (fut: 10,783), Target: NA
Stop-long positions at 10,700.
Stop-short positions at 10,855. Big moves could go till 10,650, 10,900. A long 10,900c (79), short 11,000c (43) could gain 10-15 if the futures tests 10,850.
Bank Nifty
Current: 25,531 (fut: 25,644)
Also Read
Target: NA
Stop-long positions at 25,500.
Stop-short positions at 25,700. Big moves could go till 26,000, 25,300. Trend seems bullish.
Bharti Infratel
Current price: Rs 313
Target price: Rs 307
Keep a stop at Rs 317 and go
short. Add to the position
between Rs 308 and Rs 309. Book
profits at Rs 307.
Mahindra & Mahindra
Current price: Rs 873
Target price: Rs 885
Keep a stop at Rs 865 and go
long. Add to the position
between Rs 880 and Rs 883. Book
profits at Rs 885.
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