 "Today's picks: From Infosys to CIL, hot stocks to watch on Wednesday")
Nifty
Current:
11,331 (fut: 11,337)
Target: NA
Stop long positions at 11,270. Stop short positions at 11,420. Big moves could go till 11,475, 11,200. A long 11,300p (25), short 11,200p (7) could gain 15-20 if the index breaks below 11,270.
Bank Nifty
Also Read
Current:
29,128 (fut: 29,187)
Target: NA
Stop long positions at 29,170. Stop short positions at 29,300. Big moves could go till 29,500, 28,900. Trend continues to look negative but there may be short covering today.
Infosys
Current: Rs 790
Target: Rs 805
Keep a stop at 785 and go long. Add to the position between 798-803. Book profits at 805.
Coal India
Current: Rs 218
Target: Rs 214
Keep a stop at 220 and go short. Add to the position between 215-216. Book profits at 214.
Indiabulls Housing
Current: Rs 640
Target: Rs 630
Keep a stop at 646 and go short. Add to the position between 632-635. Book profits at 630.
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
SAVE 25%