Today's picks: From L&T to HDFC, hot stocks to watch on Wednesday

Keep a stop at Rs 1,365 and go long for Larsen & Toubro

Image
Devangshu Datta
Last Updated : Apr 25 2018 | 6:30 AM IST
Nifty
 
Current: 10,614 (fut: 10,621), Target: NA
 
Stop-long positions at 10,545
 

Also Read

Stop-short positions at 10700. Big moves could go till 10,750, 10,500. Along 10,700c (8) is cheap, even with two sessions left. Breakeven is at 10,709 less than 1 per cent from spot.
 
Bank Nifty
 
Current: 25,042 (fut: 25,019)
 
Target: NA
 
Stop-long positions at 24,925. Stop-short positions at 25,125. Big moves could go till 25,350, 24,700. Bias look slightly negative.
 
Larsen & Toubro   
 
Current price: Rs 1,378
 
Target price: Rs 1,400
 

Keep a stop at Rs 1,365 and go long. Add to the position between Rs 1,390 and Rs 1,395. Book profits at Rs 1,400.
 
HDFC  
 
Current price: Rs 1,860
 
Target price: Rs 1,840
 
Keep a stop at Rs 1,875 and go short. Add to the position between Rs 1,845 and Rs 1,850. Book profits at Rs 1,840.
 
Wipro  
 
Current price: Rs 287
 
Target price: Rs 277
 
Keep a stop at Rs 292 and go short. Add to the position between Rs 279 and Rs 280.
 
Book profits at Rs 277.

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