Business Standard

Today's picks: From HPCL to Wipro, hot stocks to watch on Tuesday

For Wipro, Keep a stop at Rs 321 and go long

Devangshu Datta 

Chart

Nifty

Current: 10,524 (fut: 10,522)

Target: NA

Stop-long positions at 10,450. Stop-short positions at 10,600. Big moves could go till 10,650, 10,400. A long 10,300p (97), short 10,200p (76) could gain 10-15 if the index falls till 10,425.

Chart

Bank Nifty

Current: 25,732 (fut: 25,822)

Target: NA

Stop-long positions at 25,700. Stop-short positions at 25,850. Big moves could go till 25,400, 27,100. Trend is slightly biased towards negative, with resistance at 25,650.

Chart

Indiabulls Housing Finance

Current price: Rs 833

Target price: Rs 820

Keep a stop at Rs 840 and go short. Add to the position between Rs 821 and Rs 824. Book profits at Rs 820.

Chart

HPCL

Current price: Rs 233

Target price: Rs 228

Keep a stop at Rs 236 and go short. Add to the position between Rs 229 and Rs 230.

Book profits at Rs 228.

Wipro

Current price: Rs 324

Target price: Rs 330

Keep a stop at Rs 321 and go long. Add to the position between Rs 328 and Rs 329. Book profits at Rs 330.


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

First Published: Tue, November 06 2018. 05:30 IST
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