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Today's picks: From Titan to Powergrid, hot stocks to watch on Thursday

Nifty, Bank Nifty, BPCL, Powergrid

Devangshu Datta 

Best Stocks To Buy
(Photo: Kamlesh Pednekar)


Current: 10,967 (fut: 10,982) Target: NA

Stop-long positions at 10,900. Stop-short positions at 11,075. Big moves could go till 11,125, 10,825 but movement likely to be muted on settlement. A long 11,100c (35), long 10,800p (29) offset by short 11,200c (15) , short 10,700p (18) costs 31. It will gain of the Fed Policy surprises.

Bank

Current: 27,298 (fut: 26,408)

Target: NA

Stop-long positions at 27,175. Stop-short positions at 27,500. Big moves could go

till 26,900, 27,800. Trend seems positive but newsflow from the Fed Meet will be a big influence.


Current price: Rs 362

Target price: Rs 356

Keep a stop at 365 and go short.

Add to the position between

357-359. Book profits at 356.


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.


Target prices, projected movements in terms of nextsession, unless otherwise stated

First Published: Thu, December 20 2018. 06:00 IST
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