Today's picks: From Hero to HCL, hot stocks to buy on Wednesday

Nifty, Bank Nifty, Hero, HCL and Coal

buy
Devangshu Datta
2 min read Last Updated : Mar 20 2019 | 12:52 AM IST
Nifty       

Current: 11,532 (fut: 11,578

Target: NA

Stop-long positions at 11,475. 

Stop-short positions at 11,665. 

Big moves could go till 11,700, 11,425. 

Also Read


A long 11,700c (38), short 11,800p (17) could gain 10-15 if the index moves till 11,625.

Bank Nifty       

Current: 29,768 (futures: 29,850

Target: NA  

Stop-long positions at 29,700 . 

Stop-short positions at 30,000. 

Big moves could go till 30,200, 29,500. 

Trend remains up with the index at an alltime high.

Hero            

Current price: Rs 2,614 

Target price: Rs 2,585

Keep a stop at 2,635 and go short. 

Add to the position between 2,590 and 2,600. 

Book profits at 2,585.

HCL     
 
Current price: Rs 1,036  

Target price: Rs 1,055

Keep a stop at 1,025 and go long. 

Add to the position between 1,045 and 1,050. 

Book profits at 1,055.

Coal          

Current price: Rs 243

Target price: Rs 238

Keep a stop at and go 246 and go short. 

Add to the position between 239 and 240. 

Book profits at 238.
Target prices, projected movements in terms of next session, unless otherwise stated

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

Next Story