From Infosys to Tata Steel, hot stocks to watch on Thursday
For Tata Steel, keep a stop at 498 and go short
 "Photo: Kamlesh Pednekar")
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(Photo: Kamlesh Pednekar)
Last Updated : Jan 03 2019 | 7:50 AM IST
Nifty
Current: 10,792 (fut: 10,825)
Target: NA
Stop-long positions at 10,745. Stop-short positions at 10,905. Big moves could go till 10,950, 10,700. A long 10700p (137), short 10600p (105) could gain 15-20 if the futures drops below 10,725.
Bank Nifty
Current: 27,174 (futures: 27,275)
Target: NA
Stop-long positions at 27,125. Stop-short positions at 27,425. Big moves could go till 27,650, 26,875. Trend could stay negative.
Infosys
Current price: Rs 669
Target price: Rs 680
Keep a stop at 664 and go long. Add to the position between 676-678. Book profits at 680.
Tata Steel
Current price: Rs 494
Target price: Rs 486
Keep a stop at 498 and go short. Add to the position between 488-490. Book profits at 486.
Maruti
Current price: Rs 7,268
Target price: Rs 7,150
Keep a stop at 7320 and go short . Add to the position between 7170-7200. Book profits at 7150.
Target prices, projected movements in terms of next session, unless otherwise stated