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Today's picks: From Wipro to Adani Ports, hot stocks to watch on Thursday

Stop-long positions at 10,825. Stop-short positions at 10,775. Big moves could go till 11,075, 10,750

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Last Updated : Jan 17 2019 | 6:00 AM IST

Nifty
Current: 10,890 (fut: 109,210) Target: NA
Stop-long positions at 10,825. Stop-short positions at 10,775. Big moves could go till 11,075, 10,750. A long 11,100c (47), long 11,700p (57) can be offset with short 11,200c (24), short 11,600p (39). Total cost 41. Breakeven at 11,659, 11,041.

Bank Nifty
Current: 27,484   (futures: 27,530)
Target: NA
Stop-long positions at 27,375. Stop-short positions at 27,675. Big moves could go
till 27,900, 27,125. Trend unclear and may be driven by individual bank results.

Wipro
Current price: Rs 336
Target price: Rs 342
Keep a stop at 332 and go

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