Today's picks: From ONGC to Asian Paints, hot stocks to watch on Friday

Nifty, Bank Nifty, ONGC, HCL Technologies and Asian Paints

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Devangshu Datta
Last Updated : May 25 2018 | 6:30 AM IST
Nifty 
 
Current: 10,514 (fut: 10,522), Target: NA

Stop long positions at 10,450.

Stop short positions at 10,600.

Big moves could go till 10,650, 10,400. 

A long 10,400p (22), long 10,600c (25) offset by short 10,300p (10), short 10700c (6) costs 31.

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Bank Nifty 

Current: 26,017 (fut: 25,969) Target: NA

Stop long positions at 258,50.

Stop short positions at 26,100.

Big moves could go till 26,300, 25,600.

Resistance at 26,175-26,225. Support at 25,775-25,800.

ONGC

Current price: Rs 168  

Target price: Rs 163 

Keep a stop at Rs 171 and go short.

Add to the position between Rs 164 and Rs 165.

Book profits at Rs 163.

HCL Technologies

Current price: Rs 912

Target price: Rs 930

Keep a stop at Rs 902 and go long. 

Add to the position between Rs 922 and Rs 927.

Book profits at Rs 930.

Asian Paints 

Current price: Rs 1,294   

Target price: Rs 1,320

Keep a stop at Rs 1,288 and go long. 

Add to the position between Rs 1,306 and Rs 1,310.

Book profits at Rs 1,320.
Target prices, projected movements in terms of next session, unless otherwise stated

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