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

Nifty, Bank Nifty, Mahindra & Mahindra, Infosys and Hindustan Unilever

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Devangshu Datta
Last Updated : Jul 31 2018 | 6:30 AM IST
Nifty
 
Current: 11,320 (fut: 11,340), Target: NA
 
Stop-long positions at 11,250. Stop-short positions at 11,420. 
 
Big moves could go till 11,450, 11,200. A long 11,200p (94), short 11,100p (70) could gain 10-15 if the index tests support at 11,225.

Bank Nifty 
 
Current: 27,842 (fut: 27,855)
 

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Target: NA
 
Stop-long positions at 27,725. Stop-short positions at 28,000. Big moves could go till 27,500, 28,250. Trend is bullish with a breakout to new highs.

Mahindra & Mahindra
 
Current price: Rs 933 
 
Target price: Rs 950 
 
Keep a stop at Rs 925 and go long. Add to the position between Rs 942 and Rs 945.

Book profits at Rs 950.

Infosys
 
Current price: Rs 1,351 
 
Target price: Rs 1,330
 
Keep a stop at Rs 1,365 and go short. Add to the position between Rs 1,332 and Rs 1,338. 
 
Book profits at Rs 1,330

Hindustan Unilever
  
Current price: Rs 1,689 
 
Target price: Rs 1,715
 
Keep a stop at Rs 1,675 and go long. Add to the position between Rs 1,705 and Rs 1,710. 
 
Book profits at Rs 1,715. Target prices, projected movements in terms of next session, unless otherwise stated.

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