 "Today's picks: From BPCL to Tech Mahindra, hot stocks to watch on Thursday")
Nifty
Current: 10,576 (fut: 10,593) Target: NA
Stop-long positions at 10,520. Stop-short positions at 10,675. Big moves could go till 10,725, 10,475. Trend unclear. A short 10,800c (45), short 10,400p (67) can be sold, and covered with a long 10,900c (24), long 10,300p (48). Net inflow 40, with breakevens at 10,260, 10,940.
Bank Nifty
Current: 25,930 (futures: 25,952)
Target: NA
Also Read
Stop-long positions at 25,825. Stop-short positions at 26,075. Big moves could go till 26,300, 25,600. Trend seems slightly bullish.
BPCL
Current price: Rs 316
Target price: Rs 322
Keep a stop at Rs 313 and go long. Add to the position between Rs 320 and Rs 321.
Book profits at Rs 322.
Tech Mahindra
Current price: Rs 700
Target price: Rs 685
Keep a stop at Rs 705 and go short. Add to the position between Rs 688 and Rs 692. Book profits at Rs 685.
Sun Pharma
Current price: Rs 520
Target price: Rs 510
Keep a stop at Rs 525 and go short. Add to the position between Rs 512 and Rs 514. Book profits at Rs 510.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%