Today's picks: From TCS to Hindalco, hot stocks to watch today
Nifty, Bank Nifty, Bharti Airtel, TCS, Hindalco
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Last Updated : Oct 12 2018 | 5:30 AM IST
Nifty
Current: 10,234 (fut: 10,258), Target: NA
Stop-long positions at 1,0175. Stop-short positions at 10,330. Big moves could go till 10,400, 10,100. Trend is down. A long 10,100p (106), short 10,000p (81) could gain 10-15 if the index drops to 10,150.
Bank Nifty
Current: 24,785 (fut: 24,850)
Target: NA
Stop-long positions at 24,700. Stop-short positions at 25,000. Big moves could go till 25,200, 24,500. Trend remains down but short-covering could lead to a bounce.
Bharti Airtel
Current price: Rs 285
Target price: Rs 280
Keep a stop at Rs 288 and go short. Add to the position between Rs 281 and Rs 282.
Book profits at Rs 280.
TCS
Current price: Rs 1,980
Target price: Rs 2,020
Keep a stop at Rs 1,960 and go long. Add to the position between Rs 2,010 and Rs 2,015. Book profits at Rs 2,020.
Hindalco
Current price: Rs 216.5
Target price: Rs 212
Keep a stop at Rs 218.5 and
go short. Add to the position between Rs 213 and Rs 214.
Book profits at Rs 212.
Target prices, projected movements in terms of next session, unless otherwise stated