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Today's picks: From TCS to ONGC, hot stocks to watch on Wednesday

For TCS keep a stop at 2,230 and go long. Add to the position between 2,275-2,285. Book profits at 2,290.

Devangshu Datta 

Markets, Investors, Indices, Stocks

Nifty

Current: 10,798 (10,814)

Target: NA

Stop long positions at 10,725. Stop short positions at 10,900. Big moves could go till 10,625, 11,000. A long Sep 12, 10,600p (52), short 10,500p (30) could gain 15-20 if the 10,600 level is struck.

Bank

Current: 26,824 (fut 26,810)

Target: NA

Stop long positions at 26,675. Stop short positions at 26,975. Big moves could go till 26,475, 27,200. Trend remains negative.

TCS

Current: Rs 2,251

Target: Rs 2,290

Keep a stop at 2,230 and go long. Add to the position between 2,275-2,285. Book profits at 2,290.

Coal India

Current: Rs 181

Target: Rs 177

Keep a stop at 183 and go short. Add to the position between 178-179. Book profits at 177.

ONGC

Current: Rs 117

Target: Rs 114

Keep a stop at 118.5 and go short. Add to the position between 114.5-115. Book profits at 114.

First Published: Wed, September 04 2019. 06:00 IST
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