Today's picks: From Dr Reddy's to M&M hot stocks to watch on Tuesday

Nifty, Bank NIfty, Zee Entertainment, Dr Reddy's, Mahindra & Mahindra

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Devangshu Datta
Last Updated : May 08 2018 | 12:34 AM IST
Nifty

Current: 10,715 (fut: 10,742), Target: NA
Stop-long positions at 10,670. Stop-short positions at 10,820. Big moves could go till 10,875, 10,625. A long 10,600p (85), short 10,600p (62) could gain 10-15 if the index falls till 10,650.
 
Bank Nifty

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Current: 25,852 (fut: 25,895)
Target: NA
Stop-long positions at 25,775. Stop-short positions at 26,025. Big moves could go till 26,250, 25,550. Trend may be positive.
 
Zee Entertainment
Current price: Rs 600
Target price: Rs 612
Keep a stop at Rs 595 and go long. Add to the position between Rs 607 and Rs 611. Book profits at Rs 612.
 
Dr Reddy's
Current price: Rs 2,069
Target price: Rs 2,030
Keep a stop at Rs 2,090 and go short. Add to the position between Rs 2,035 and Rs 2,045. Book profits at Rs 2,030.
 
Mahindra & Mahindra  
Current price: Rs 886
Target price: Rs 900
Keep a stop at Rs 777 and go long. Add to the position between Rs 895 and Rs 998.
Book profits at Rs 900.
 
Target prices, projected movements in terms of next session,unless otherwise stated


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