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Today's picks: From India Oil Corp to ITC, hot stock to watch on Tuesday

ITC, Nifty, Indian Oil, Tech Mahindra

Devangshu Datta 

Nifty

Stop long positions at 11,990. Stop short positions at 12,160. Big moves could go till 11,900, 12,225. A long Dec 26 11,900p (36), short 11,800p (22) could gain 15-20 if the market drops below 11900.

Bank Nifty

Stop long positions at 31,850. Stop short positions at 32,175. Big moves could go till 32,400, 31,650. Trend has a negative bias.

Corp

Keep a stop at Rs 127.5 and go short. Add to the position between Rs 123.5-Rs 124. Book profits at Rs 123.

ITC

Keep a stop at Rs 240 and go short. Add to the position between Rs 233-Rs 234. Book profits at Rs 232.

Keep a stop at Rs 767 and go long. Add to the position between Rs 781-Rs 784. Book profits at Rs 785.


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

First Published: Tue, December 17 2019. 06:30 IST
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