Today's picks: From HPCL to Axis Bank, hot stocks to watch on Tuesday

For HPCL, keep a stop at Rs276 and go long . Add to the position between Rs269 and Rs270

Image
Devangshu Datta
Last Updated : Aug 14 2018 | 6:30 AM IST
Nifty  
    
Current: 11,355  (fut: 11,390)

Target: NA
 
Stop-long positions at 11,300. Stop-short positions at 11,475. Big moves could go till 11,500, 11,250. A long 11,300p (79), short 11,200p (53) could gain 15-20 if the index tests 11,300. 

Bank Nifty       
Current: 27,794  (futures: 27,884) 
 
Target: NA  
 

Also Read

Stop-long positions at 27,750. Stop-short positions at 28,000 Big moves could go till 27,500, 28,250. Trend could stay negative.

HPCL          
 
Current price: Rs273
 
Target price: Rs268
 
Keep a stop at Rs276 and go long . Add to the position between Rs269 and Rs270. Book profits at Rs268.

Axis Bank     
 
Current price: Rs605
 
Target price: Rs595
 
Keep a stop at Rs612 and go short. Add to the position between Rs597 and Rs600. Book profits at Rs595

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