Today's picks: From Infosys to Coal India, hot stocks to buy on Tuesday

Nifty, Bank Nifty, Infosys, HDFC Bank and Coal India

Today's picks
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Devangshu Datta
1 min read Last Updated : Apr 16 2019 | 6:00 AM IST
Nifty 

Current 11,690 (fut: 11,729)

Target: NA

Stop-long positions at 11,640. Stop-short positions at 11,800. Big moves could go till 11,850, 11,600. A long Apr 25, 11,600p (42) long 11,800c (50) offset by short 11,500p (25), short 11,900c (21) costs 46 with breakevens at 11846, 11,554.

Bank Nifty 

Current: 30,105 (fut: 30,185)

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Target: NA

Stop-long positions at 30,025. Stop-short positions at 30,300. Big moves could go till 30,500, 29,800. Trend is mildly positive.

Infosys  

Current price: Rs 727 

Target price: Rs 715 

Keep a stop at Rs 735 and go short. Add to the position between Rs 716 and Rs 719. Book profits at Rs 715.

HDFC Bank

Current price: Rs 2,289  

Target price: Rs 2,320

Keep a stop at Rs 2,270 and go long. Add to the position between Rs 2,310 and Rs 2,315. Book profits at Rs 2,320.

Coal India 

Current price: Rs 250  

Target price: Rs 245 

Keep a stop at Rs 253 and go short. Add to the position between Rs 246 and Rs 247. Book profits at Rs 245.  
Target prices, projected movements in terms of next session, unless otherwise stated

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