Business Standard

Today's picks: From Tata Steel to Infosys, hot stocks to watch on Tuesday

For Power Grid keep a stop at 197 and go long. Add to the position between 201-202. Book profits at 203

Devangshu Datta 

Statsguru: Stock markets attain new peaks; Bajaj Finance, TCS, Infosys gain

Nifty

Current: 10776 (fut: 10803)

Target: NA

Stop long positions at 10725. Stop short positions at 10880. Big moves could go till 10925, 10675. A long 10700p (!27), short 10600p (96) could gain 10-15 if the index slides till 10725.

Bank Nifty

Current 27300 (fut: 27382)

Target: NA

Stop long positions at 27250. Stop short positions at 27505. Big moves could go till 27750, 26950. Trend is neutral.

Tata Steel

Current price: Rs 485

Target price: Rs 477

Keep a stop at 490 and go short. Add to the position between 479-481. Book profits at 477.

Infosys

Current price: Rs 672

Target price: Rs 682

Keep a stop at 667 and go long. Add to the position between 679-681. Book profits at 682.

Power Grid

Current price: Rs 199

Target price: Rs 203

Keep a stop at 197 and go long. Add to the position between 201-202. Book profits at 203.

First Published: Tue, January 08 2019. 05:30 IST
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