Today's picks: From UPL to Bharti Airtel, hot stocks to watch on Friday

Nifty, Bank Nifty, UPL, Bharti Airtel and ITC

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Devangshu Datta
Last Updated : May 18 2018 | 6:30 AM IST
Nifty 
Current: 10,683 (fut: 10,693), Target: NA
Stop-long positions at 10,625. Stop-short positions at 10,775. Big moves could go till 10,550, 10,850. A long 10,500p (39), long 10,900c (23) gain if there's if there's a big move in either direction.

Bank Nifty 
Current: 26,074  (fut: 26,070)
Target: NA

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Stop-long positions at 25,950. Stop-short positions at 26,200. Big moves could go till 26,400, 25,700. Downtrend could continue.

UPL
Current price: Rs 707
Target price: Rs 695 
Keep a stop at Rs 715 and go short. Add to the position between Rs 697 and Rs 700. Book profits at Rs 695.

Bharti Airtel 
Current price: Rs 368 
Target price: Rs 362
Keep a stop at Rs 371 and go short. Add to the position between Rs 363 and Rs 364. Book profits at Rs 362.

ITC  
Current price: Rs 279 Target price: Rs 284
Keep a stop at Rs 276 and go long. Add to the position between Rs 282 and Rs 283. Book profits at Rs 284.
 
Target prices, projected movements in terms of next session, unless otherwise stated

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