Today's picks: From Maruti Suzuki to Nifty, hot stocks to watch on Thursday

Nifty, Bank Nifty, Lupin, Maruti Suzuki and ITC

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Devangshu Datta
Last Updated : Aug 02 2018 | 6:30 AM IST
Nifty      

Current: 11,346  (fut: 11,350) Target: NA
 
Stop-long positions at 11,425. Stop-short positions at 11,275.
 
Big moves could go till 11,225, 11,475. A long 11,200p (86), short 11,100p (62) will gain 15-20 if the index drops till 11,250.
 
Bank Nifty      
 
Current: 27,596   (futures: 27,570)
 
Target: NA 
 
Stop-long positions at 27,450. Stop-short positions at 27,700.
 
Big moves could go till 27,900, 27,200. Negative bias is more likely. 
 
Lupin         
 
Current price: Rs 844 
 
Target price: Rs 857
 
Keep a stop at Rs 835 and go long. Add to the position between Rs 853 and Rs 855. Book profits at Rs 857.
 
Maruti Suzuki  

 
Current price: Rs 9,341  
 
Target price: Rs 9,200
 
Keep a stop at Rs 9,425 and go short.
 
Add to the position between Rs 9,225 and Rs 9,250. Book profits at Rs 9,200.  
 
ITC      

Current price: Rs 302   
 
Target price: Rs 308
 
Keep a stop at Rs 299 and go long.
 
Add to the position between Rs 306 and Rs 307. Book profits at Rs 308.

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