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Today's picks: From Tata Steel to Wipro, hot stocks to watch on Friday

Nifty, Bank Nifty, ATat Steel, Hindustan Unilever, Wipro

Devangshu Datta 

markets, stocks, sensex, nifty, bse, nse
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Nifty

Current: 10,791 (fut: 10,819), Target: NA

Stop-long positions at 10,745. Stop-short positions at 10,900. Big moves could go till 10,950, 10,675. A long 10,900c (71), long 10,700p (70) can be offset with short 11,000c (41), short 10,600p (48). Cost 52. Breakevens at 10,952, 10,648. Maximum gain 48.

Bank Nifty

Current: 26,815 (fut: 26,902)

Target: NA

Stop-long positions at 26,750. Stop-short positions at 27,050. Big moves could go till 27,300, 26,500. Trend positive but heavy resistance at 27,025-27,100.

Tata Steel

Current price: Rs 512

Target price: Rs 502

Keep a stop at Rs 517 and go

short. Add to the position between Rs 504 and Rs 506.

Book profits at Rs 502.

Hindustan Unilever

Current price: Rs 1,856

Target price: Rs 1,885

Keep a stop at Rs 1,840 and go long. Add to the position between Rs 1,875 and Rs 1,880. Book profits at Rs 1,885.

Wipro

Current price: Rs 339

Target price: Rs 346

Keep a stop at Rs 336 and go

long. Add to the position between Rs 344 and Rs 345.

Book profits at Rs 346.

First Published: Fri, December 14 2018. 06:30 IST
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