Today's picks: From Tata Steel to BPCL, hot stocks to watch on Wednesday
Nifty, Bank Nifty, Tata Steel, BPCL, Power Grid
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Nifty
Current: 10,539 (futures: 10,532)
Target: NA
Stop long positions at 10,475. Stop short positions at 10,605. Big moves could go till 10,700 , 10,375.
Bank Nifty
Current: 25,701 (futures: 25,715)
Also Read
Target: NA
Stop long positions at 25,600. Stop short positions at 26,800. Big moves could go till 26,025 , 25400
Tata Steel
Current: Rs 713
Target: Rs 725
Keep a stop at 706 and go long. Add to the position between 721-723. Book profits at 725.
BPCL
Current: Rs 467
Target: Rs 460
Keep a stop at 471 and go short. Add to the position between 461-463. Book profits at 460.
Power Grid
Current: Rs 198.5
Target: Rs 203
Keep a stop at 197 and go long. Add to the position between 201-202. Book profits at 203.
Target prices, projected movements in terms of next session, unless otherwise stated
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