Business Standard

Today's picks: From Infosys to Tata Motors, hot stocks to buy on Tuesday

Key stocks to buy on Tuesday

Devangshu Datta 

Today’s picks: From Infosys to Tata Motors, hot stocks to buy on Tuesday

Nifty

Current 11,604 (fut: 11,674),

Target: NA

Stop long positions at 11,575. Stop short positions at 11,775. Big moves could go till 11,500, 11,825. A long April 18 11500p (46), short 11400p (23) could gain 10-15 if the index tests 11,550.

Bank Nifty

Current: 29845 (fut: 30021),

Target: NA

Stop long positions at 29,750. Stop short positions at 30,175. Big moves could go till 30,350, 29,700. Downtrend likely to continue.

Infosys

Current price: Rs 767

Target price: Rs 780

Keep a stop at 760 and go long. Add to the position between Rs 773 and Rs 778. Book profits at Rs 780.

Adani Ports

Current price: Rs 380

Target price: Rs 374

Keep a stop at Rs 383 and go short. Add to the position between Rs 375 and Rs 376. Book profits at Rs 374.

Tata Motors

Current price: Rs 201

Target price: Rs 196

Keep a stop at Rs 203 and go short. Add to the position between Rs 197 and Rs 198. Book profits at Rs 196.

First Published: Tue, April 09 2019. 06:00 IST
RECOMMENDED FOR YOU