Today's picks: From Vedanta to UltraTech, hot stocks to watch today
For Vedanta,Keep a stop at Rs235 and go short. Add to the position between Rs228 and Rs229
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Last Updated : Jun 19 2018 | 6:30 AM IST
Nifty
Current: 10,799 (fut: 10,789), Target: NA
Stop-long positions at 10,715. Stop-short positions at 10,875. Big moves could go till 10,925, 10,650. A long 10,700p (49),
short 10,600p (29) will gain 10-15 if the index falls till 10,725.
Bank Nifty
Current: 26,409 (fut: 26,392)
Target: NA
Stop-long positions at 26,275. Stop-short positions at 26,525. Big moves could go till 26,725, 26,050. Trend may be on the verge of turning negative.
Vedanta
Current price: Rs232
Target price: Rs227
Keep a stop at Rs235 and go short. Add to the position between Rs228 and Rs229.
Book profits at Rs227.
UltraTech
Current price: Rs3,670
Target price: Rs3,620
Keep a stop at Rs3,705 and go short. Add to the position between Rs3625 and Rs3,635. Book profits at Rs3,620.
BPCL
Current : Rs423; Target : Rs431
Keep a stop at Rs418 and go long. Add to the position between Rs428 and Rs430. Book profits
at Rs431.
Target prices, projected movements in terms of next session, unless otherwise stated