Today's picks: From Hindalco to Sun Pharma, hot stocks to watch on Tuesday

For Sun Pharma, keep a stop at Rs 459 and go short.

Technology, stock markets
Devangshu Datta
Last Updated : Dec 04 2018 | 8:55 AM IST
Nifty
Current: 10,884 (fut: 10,931)
Target: NA
Stop-long positions at 10,845.
Stop-short positions at 11,010. Big moves could go till 11,075, 10,775.  A long 11,100c (107), short 11,200c (72) could gain 10-15 if the index climbs above 11,000.
 

Also Read

Bank Nifty
Current: 26,857 (fut: 26,963)
Target: NA
Stop-long positions at 26,850.
Stop-short positions at 27,100. Big moves could go till 27,325, 26,625. The trend remains bullish.
 
Hindalco
Current price: Rs 233
Target price: Rs 238
Keep a stop at Rs 231 and go long. Add to the position between Rs 236 and Rs 237.
Book profits at Rs 238.
 
Hind Unilever 
Current price: Rs 1,825
Target price: Rs 1,860
Keep a stop at Rs 1,815 and go long. Add to the position between Rs 1,845 and Rs 1,855. Book profits at Rs 1,860.
 
Sun Pharma   
Current price: Rs 455
Target price: Rs 446
Keep a stop at Rs 459 and go short. Add to the position between Rs 448 and Rs 450.
Book profits at Rs 446.
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