Business Standard

Today's picks: From Sun Pharma to CIL, hot stocks to watch on Tuesday

Nifty, Bank Nifty, Sun Pharma, Coal India, Bajaj Auto

Devangshu Datta 

Nifty

Current: 10,517 (fut: 10,541), Target: NA

Stop-long positions at 10,450 . Stop-short positions at 10,625. Big moves could go till 10,675, 10,400. A long 10,500p (66), short 10,400p (38) could gain 10-15 if the index drops below 10,475.

Bank Nifty

Current: 25,750 (fut: 25,810)

Target: NA

Stop-long positions at 25,675. Stop-short positions at 25,935. Big moves could go till 26,125, 25,500. Trend remains negative.

Sun Pharma

Current price: Rs 444

Target price: Rs 436

Keep a stop at Rs 449 and go short. Add to the position between Rs 438 and Rs 440.

Book profits at Rs 436.

Coal India

Current price: Rs 270

Target price: Rs 265

Keep a stop at Rs 273 and go

short. Add to the position between Rs 266 and Rs 267. Book profits at Rs 265.

Bajaj Auto

Current price: Rs 2,722

Target price: Rs 2,760

Keep a stop at Rs 2,695 and go long. Add to the position between Rs 2,745 and Rs 2,755. Book profits at Rs 2,760.


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

First Published: Tue, May 22 2018. 06:30 IST
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