Today's picks: From IHFL to Infosys, hot stocks to watch on Tuesday

Nifty, Bank Nifty, Bharti Infratel, Indiabulls Housing Finance and Infosys

bse, sensex, bombay stock exchange
The HDFC Bank counter witnessed volumes of Rs 21 billion in the cash segment
Devangshu Datta
Last Updated : Jun 05 2018 | 6:30 AM IST
Nifty 
Current: 10,628 (fut: 10,606), Target: NA
Stop-long positions at 10,525. Stop-short positions at 10,680. Big moves could go till 10,725, 10,475. A long 10,500p (100), short 10,400p (72) could gain 10-15 if the futures drops below 10,550.

Bank Nifty 
Current: 26,257 (fut: 26,215), Target: NA
Stop-long positions at 26,100. Stop-short positions at 26,350. Big moves could go till 26,550, 25,875. trend likely to stay volatile until Monetary Policy Review.

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Bharti Infratel  
Current price: Rs 294  
Target price: Rs 289 
Keep a stop at Rs 297 and go short. Add to the position between Rs 290 and Rs 291. 
Book profits at Rs 289.

Indiabulls Housing Finance  
Current price: Rs 1,174
Target price: Rs 1,155
Keep a stop at Rs 1,185 and go short. Add to the position between Rs 1,160 and Rs 1,165. 
Book profits at Rs 1,155.

Infosys 
Current price: Rs 1,241 
Target price: Rs 1,265
Keep a stop at Rs 1,230 and go long. Add to the position between Rs 1,252 and Rs 1,255. Book profits at Rs 1,265.
 
Target prices, projected movements in terms of next session, unless otherwise stated

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