Business Standard

Today's picks: From Coal India to Infosys, hot stocks to watch on Friday

For Coal India, keep a stop at 180 and go short. Add to the position between 175.5-176.5. Book profits at 175

Devangshu Datta 

buy and sell, markets, stocks

Nifty

Current: 12,174 (fut: 12,163)

Target: NA

Stop long positions at 12075. Stop short positions at 12225. Big moves could go till 12325, 12025. A long Feb 20 12000p (24), short 11900p (11) could gain 10-15 if the index drops below 12100.

Bank Nifty

Current: 31,230 (fut: 31,202)

Target: NA

Stop long positions at 31050. Stop short positions at 31350. Big moves could go till 31550, 30650. Trend has a negative bias.

Coal India

Current: Rs 178

Target: Rs 175

Keep a stop at 180 and go short. Add to the position between 175.5-176.5. Book profits at 175.

Tata Steel

Current: Rs 441

Target: Rs 433

Keep a stop at 445 and go short. Add to the position between 434-436. Book profits at 433.

Infosys

Current: Rs 792 

Target: Rs 805

Keep a stop at 785 and go long. Add to the position between 800-802. Book profits at 805.


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

First Published: Fri, February 14 2020. 06:30 IST
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