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Today's picks: From SBI to HCL Tech, hot stocks to watch on Wednesday

Nifty, Nifty Bank, SBI, HCL Technologies, Zee Entertainment

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Devangshu Datta

Nifty 
 
Current: 10,633 (fut: 10618), Target: NA
 
Stop-long positions at 10,545.

Stop-short positions at 10,700.

Big moves could go till 110,750, 10,475.

A long 10,600p (35), short 10,500p (11) could gain 10-15 if the index slides till 10,575.


Nifty Bank  
 
Current: 26,254 (fut: 26,167)  Target NA.

Stop long positions at 26,050.

Stop short positions at 26,300. 

Big moves could go till 26,500, 25,800. Trend seems negative.


SBI 
 
Current price: Rs 264    
 
Target price: Rs 259

Keep a stop at 267 and go short. Add to the position between Rs 260 and Rs 261.  Book