Today's picks: From Vedanta to Sun Pharma, hot stocks to watch on Tuesday

Keep a stop at Rs 1,465 and go short

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Devangshu Datta
Last Updated : Apr 24 2018 | 7:55 PM IST
Nifty
Current: 10,585 (fut: 10,585)
Target: NA
Stop-long positions at 10,500. Stop-short positions at 10,650. Big moves could go till 10,700, 10,475. A long 10,600c (32), long 10,500p (19) has breakevens at 10,449, 10,651.  

Bank Nifty 
Current: 24,960 (fut: 24,955)
Target: NA

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Stop-long positions at 24,850. Stop-short positions at 25,050. Big moves could go till 25,275, 24,600. Trend has slight 
negative bias.  

Vedanta   
Current price:Rs 305
Target price:Rs 300
Keep a stop at Rs 308 and go short. Add to the position between Rs 301 and Rs 302. 
Book profits at Rs 300.  

Hindustan Unilever 
Current price:Rs 1,453 
Target price:Rs 1,430
Keep a stop at Rs 1,465 and go short. Add to the position betweenRs 1,435 andRs 1,440. Book profits atRs 1,430. 

Sun Pharma  
Current price:Rs 514
Target price:Rs 525
Keep a stop atRs 510 and go 
long. Add to the position between Rs 520 and Rs 522. 
Book profits at Rs 525.  

Target prices, projected movements in terms of next session, unless otherwise stated

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