 "Today's picks: From HDFC to Infosys, hot stocks to watch on Wednesday")
Nifty
Current: 10,585 (fut: 10,587) Target: NA
Stop-long positions at 10,510. Stop-short positions at 10,670. Big moves could go till 10,700, 10,450. A long 10,500p (77), short 10,400p (49) could gain 10-15 if the index tests 10,500.
Bank Nifty
Current: 25,589 (fut: 25,601) Target: NA
Stop-long positions at 25,475. Stop-short positions at 25,725. Big moves could go till 25,950, 25,250. Short-term could be positive since there's speculative long action in PSU banks
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HDFC
Current price: Rs 1,756
Target price: Rs 1,780
Keep a stop at Rs 1,740 and go long. Add to
the position between Rs 1,772 and Rs 1,777.
Book profits at Rs 1,780.
Infosys
Current price: Rs 692
Target price: Rs 680
Keep a stop at Rs 700 and go short. Add to
the position between Rs 682 and Rs 685.
Book profits at Rs 680.
Target prices, projected movements in terms of next session, unless otherwise stated
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