Today's picks: From Tata Motors to Hindalco, hot stocks to watch on Friday

Nifty, Bank Nifty, Tata Motors, Indiabulls Housing and Hindalco - stocks to watch out for

Image
Devangshu Datta
Last Updated : May 11 2018 | 6:30 AM IST
Nifty
Current: 10,716 (fut: 10,725), Target: NA
Stop-long positions at 10,650. Stop-short positions at 10,800. Big moves could go till 10,850, 10,600. A long 10,600p (94), short 10,500p (66) could gain 10-15 if the index tests support at 10,650.
 
Bank Nifty

Current: 26,131 (fut: 26,055)

Also Read

Target: NA
Stop-long positions at 25,925. Stop-short positions at 26,200. Big moves could go till 26,400, 25,675. Trend could go negative.
 
Tata Motors
Current price: Rs 333.5  
Target price: Rs 327
Keep a stop at Rs 337 and go
short. Add to the position between Rs 328 and Rs 329.
Book profits at Rs 327.
 
Indiabulls Housing
Current price: Rs 1,208  Target price: Rs 1,185
Keep a stop at Rs 1,220 and go short. Add to the position between Rs 1,190 and Rs 1,195. Book profits at Rs 1,185.
 
Hindalco  
Current price: Rs 241  Target price: Rs 245
Keep a stop at Rs 239 and go long. Add to the position between Rs 243 and Rs 244. Book profits at Rs 245.
 
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