Today's picks: From Infosys to Tata Motors, hot stocks to buy on Tuesday
Key stocks to buy on Tuesday
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1 min read Last Updated : Apr 09 2019 | 6:00 AM IST
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.