Business Standard

Today's picks: From Bharti Infratel to CIL, stocks to watch on Wednesday

Nifty, Bank Nifty, Bharti Infratel, Asian Paints and Coal India

J&K Bank, Jammu and Kashmir Bank
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<b> Photo: Shutterstock <b>

Devangshu Datta
Nifty

Current: 11,049 (fut: 11,071)

Target: NA
 
Stop-long positions at 10,990.
 
Stop-short positions at 11,160. Big moves could go till 11,200, 10,875.
 
A long 10,800p (82), long 11,300c (74) would work if Budget volatility pushed the market past breakevens at 11,455, 10,645.
 
Bank Nifty
 
Current: 27,269 (futures: 27,350)
 
Target: NA
 
Stop-long positions at 27,225. Stop-short positions at 27,475.
 
Big moves could go till 27,000, 27,700.
 
Trend overall bullish likely to be affected by Budget-related news-flow.
 
Bharti Infratel

Current price: Rs 344
 
Target price: Rs 338
 

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First Published: Jan 31 2018 | 6:00 AM IST

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