Business Standard

Today's picks: From NTPC to Asian Paints, hot stocks to buy on Tuesday

For NTPC, Keep a stop at Rs 153 and go short

Devangshu Datta 

markets

Nifty

Current: 11,168 (fut: 11,210)

Target: NA

Stop-long positions at 11,100.

Stop short positions at 11,300.

Big moves could go till 11,050, 11,350. A long March 14, 11,200c (38), short 11,400c (9) could

gain 15-20 if the index

crosses 11,250.

Nifty Bank

Current 27,967 (fut: 28,080)

Target: NA

Stop long positions at 27,925. Stop short positions at 28,225. Big moves could go till 28,400, 27,750. Trend is positive.

UPL

Current price: Rs 897

Target price: Rs 910

Keep a stop at Rs 890 and go long. Add to the position between Rs 906 and Rs 909. Book profits at Rs 910

NTPC

Current price: Rs 151.5

Target price: Rs 148

Keep a stop at Rs 153 and go short. Add to the position between Rs 148.5 and Rs 149. Book profits at Rs 148.

Asian Paints

Current price: Rs 1,420

Target price: Rs 1,440

Keep a stop at Rs 1410 and go long. Add to the position between Rs 1432 and Rs 1435. Book profits at Rs 1440.



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

First Published: Tue, March 12 2019. 06:00 IST
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