Today's picks: From Asian Paints to M&M, hot stocks to watch on Friday
Nifty, Bank Nifty, Asian Paints, PowerGrid, Mahindra & Mahindra
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Last Updated : Jul 20 2018 | 6:30 AM IST
Nifty
Current: 10,957 (fut: 10,983), Target: NA
Stop-long positions at 10,900. Stop-short positions at 11,055. Big moves could go till 11,100, 10,850. A long 10,900p (49), short 10,800p (29) could gain 15-20 if the index dips below 10,900.
Bank Nifty
Current: 26,790 (fut: 26,852)
Target: NA
Stop-long positions at 26,725. Stop-short positions at 26,975. Big moves could go till 27,150, 26,500. Slight negative bias.
Asian Paints
Current price: Rs 1,403
Target price: Rs 1,425
Keep a stop at Rs 1,395 and go long. Add to the position between Rs 1,415 and Rs 1,420. Book profits at Rs 1,425.
PowerGrid
Current price: Rs 177
Target price: Rs 174
Keep a stop at Rs 179 and go short. Add to the position between Rs 175 and Rs 176.
Book profits at Rs 174.
Mahindra & Mahindra
Current price: Rs 913
Target price: Rs 930
Keep a stop at Rs 905 and go long. Add to the position between Rs 923 and Rs 927. Book profits at Rs 930.
Target prices, projected movements in terms of next session, unless otherwise stated
Target prices, projected movements in terms of next session, unless otherwise stated