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From Larsen & Toubro to Tata Steel, hot stocks to watch on Tuesday
For Tata Steel keep a stop at 507 and go long. Add to the position between 519 and 522. Book profits at 525.
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1 min read Last Updated : May 28 2019 | 6:30 AM IST
Nifty
Current: 11,925 (fut: 11,915)
Target: NA
Stop-long positions at 11,825. Stop-short positions at 12,025. Big moves could go till 11,750, 12,100. Trend is positive but one big session of profit-booking before settlement is likely. A long 11,800p (29), long 12,000c (37) has breakevens at 11,734, 12,066.
Bank Nifty
Current: 31,647 (fut: 31,579)
Target: NA
Stop long positions at 31400. Stop short positions at 31725. Big moves could go till 31900, 31250. Trend is positive.
Tata Steel
Current price: Rs 513
Target price: Rs 525
Keep a stop at 507 and go long. Add to the position between 519 and 522. Book profits at 525.
ZEEL
Current price: Rs 361
Target price: Rs 355
Keep a stop at 364 and go short. Add to the position between 356 and257. Book profits at 355.
Larsen & Toubro
Current price: Rs 1,596
Target price: Rs 1,620
Keep a stop at 1,580 and go long. Add to the position between 1,610 and 1,615. Book profits at 1,620.
Target prices, projected movements in terms of next session, unless otherwise stated
Target prices, projected movements in terms of next session, unless otherwise stated