Today's picks: From Wipro to Powergrid, hot stocks to buy on Friday
For Dr Reddy keep a stop at 2,790 and go long
 "Today's picks: From Wipro to Powergrid, hot stocks to buy on Friday")
premium
Nifty
Current: 11,596 (futures: 11,670)
Target: NA
Stop-long positions at 11,575.
Stop-short positions at 11,750. Big moves could go till 11,525, 11,800.
A long Apr 18, 11,800c (14), long Apr 18 11,500p (25) has breakevens at 11,839, 11,461.
Also Read
Bank Nifty
Current: 29,786 (futures: 29,956)
Target: NA
Stop-long positions at 29,800.
Stop-short positions at 30,100.
Big moves could go till 29,600, 30,300. Index trend is slightly negative.
Dr. Reddy
Current price: Rs 2,812
Target price: Rs 2,855
Keep a stop at 2,790 and go long.
Add to the position between 2,840 and 2,850. Book profits at 2,855.
Tata Steel
Current price: Rs 536
Target price: Rs 526
Keep a stop at 541 and go short.
Add to the position between 529 and 531. Book profits at 526.
Powergrid
Current price: Rs 196
Target price: Rs 192
Keep a stop at 198 and go short. Add to the position between 193 and 194. Book profits at 192.
Target prices, projected movements in terms of next session, unless otherwise stated
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
SAVE 25%