Business Standard

Today's picks: From NTPC to UPL, hot stocks to buy on Wednesday

For NTPC keep a stop at Rs 136 and go short. Add to the position between Rs 131 and Rs 132. Book profits at Rs 130.

Devangshu Datta  |  New Delhi 

bse, sensex, bombay stock exchange

Current: 10,604 (fut 10,615)

Target: NA

Stop long positions at 10,525. Stop short positions at 10,685. Big moves 10,490, 10,735. A long 10500p (71), short 10400p (48) could gain 10-15 if the index tests 10,525.

Bank

Current: 26,685 (fut: 26,709)

Target: NA

Stop long positions at 26,550.

Stop short positions at 26,850.

Big moves 27,050, 26,350. Trend still negative.

NTPC

Current price: Rs 134

Target price: Rs 130

Keep a stop at Rs 136 and go short. Add to the position between Rs 131 and Rs 132. Book profits at Rs 130.

Current price: Rs 817

Target price: Rs 824

Keep a stop at Rs 813 and go long. Add to the position between Rs 822 and Rs 823.

Book profits at Rs 824.

Larsen & Toubro

Current price: Rs 1,264

Target price: Rs 1,282

Keep a stop at Rs 1255 and go long. Add to the position between Rs 1275and Rs 1280.

Book profits at Rs 1282.

First Published: Wed, February 20 2019. 06:30 IST
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