Today's picks: From Tata Motors to Wipro, hot stocks to watch on Wednesday

Nifty, Bank Nifty, Tata Motors, Wipro, Hindalco

(Photo: Kamlesh Pednekar)
(Photo: Kamlesh Pednekar)
Devangshu Datta
Last Updated : Dec 26 2018 | 6:30 AM IST
Nifty   
   
Current: 10,663  (futures: 10,694) Target: NA
Stop-long positions at 10,600. 
Stop-short positions at 10,800. Big moves could go till 10,850, 10,550. A short 10,800c (18), short 10600p (25), long 10900c (6), long 10,500p (11) will gain if the index stays inside 10,575-10,825.

Bank Nifty     
 
Current: 26,715  (futures: 26,810)  Target: NA  

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Stop-long positions at 26,675. 
Stop-short positions at 26,925.  Big moves could go till 26,500, 27,100. Trend negative but short covering could trigger a rebound. 

Tata Motors          
 
Current price: Rs 173
Target price: Rs 169
Keep a stop at 175 and go short.  Add to the position between 
170-171. Book profits at 169.

Wipro    
 
Current price: Rs 327
Target price: Rs 332
Keep a stop at 324 and go long. Add to the position between 
330-331. Book profits at 332.

 Hindalco    
 
Current price: Rs 218
Target price: Rs 214
Keep a stop at 220 and go short.  Add to the position between 
215-216. Book profits at 214.
 
Target prices, projected movements in terms of next session, unless otherwise stated

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