Business Standard

Today's picks: From Airtel to Adani Ports, hot stocks to buy on Friday

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

Devangshu Datta 

Photo: Shutterstock.com
Photo: Shutterstock.com

Nifty

Current 11,257 (fut: 11,300),

Target: NA

Stop-long positions at 11,200. Stop-short positions at 11,400. Big moves could go till 11,450, 11,150. Trend may go bearish again after short-covering yesterday. A long May 23 11,100p (213) , short 11,000p (182) could gain 10-15 if the index drops below 11,150.

Bank Nifty

Current: 28,855 (fut: 28,980),

Target: NA

Stop-long positions at 28,800. Stop-short positions at 30,125. Big moves could go till 30,400, 28,600. Trend may go bearish again after short-covering.

Indusind

Current price: Rs 1,358

Target price: Rs 1,337

Keep a stop at 1,370 and go long. Add to the position between 1,340 and 1,345.

Book profits at 1,337.

Airtel

Current price: Rs 325

Target price: Rs 330

Keep a stop at 322 and go long. Add to the position between 328 and 329.

Book profits at 330.

Adani Ports

Current price: Rs 372

Target price: Rs 366

Keep a stop at 375 and go short. Add to the position between 367 and 368. Book profits at 366.


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

First Published: Fri, May 17 2019. 06:00 IST
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