Business Standard

Today's picks: From TCS to Infosys, hot stocks to watch on Friday

For Infosys, keep a stop at 790 and go short.

Devangshu Datta 

markets

Nifty
Current: 11,234 (fut: 11258)
Target: NA

Stop long positions at 11,170. Stop short positions at 11,330. Big moves could go till 11,100, 11400. A long Oct 17 11,100p (47), short 11,000p (27) could gain 10-15 if the index dips below 11,150.

Bank Nifty
Current: 28,013 (fut: 28,170)
Target: NA

Stop long positions at 28,025. Stop short positions at 28,325. Big moves could go till 28,600, 27,700. Trend could stay negative.

TCS
Current: Rs 2,004
Target: Rs 1,970

Keep a stop at 2,025 and go short. Add to the position between 1,980-1,990. Book profits at 1,970.

Hind Unilever
Current: Rs 1,969
Target: Rs 2,000

Keep a stop at 1,955 and go long. Add to the position between 1,985-1,990. Book profits at 2,000.

Infosys
Current: Rs 783
Target: Rs 770

Keep a stop at 790 and go short. Add to the position between 772-775. Book profits at 770.


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

First Published: Fri, October 11 2019. 06:15 IST
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