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Today's picks: From Wipro to Tata Steel, hot stocks to watch on Friday

Hot stocks to lookout for today: Wipro, IOC, Tata Steel

Sensex, Nifty fall amid hike in crude oil price, deficient monsoons
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Bombay Stock Exchange

Devangshu Datta
Nifty
 
Current: 11,573 (11,624)
Target: NA

Stop-long positions at  11,525. Stop-short positions at 11,700. Big moves could go till 11,800, 11,425. A correction based on profit booking may be due.  A long Oct 3, 11,500p (67),  short 11,400p (49) could gain 15-20 on a reaction.

Bank Nifty
 
Current: 30,013 (fut: 30,264)
Target: NA

Stop-long positions at 30,000. Stop-short positions at 30,400. 
Big moves could go till 30,650, 29,800. Trend could go negative on profit booking.

Wipro
 
Current: Rs 237
Target: Rs 241
Keep a stop at  235 and go long.  Add to the position between 239 and 240. Book profits at 241. 

IOC
 
Current: Rs 144.5
Target: Rs 148
Keep a stop

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First Published: Sep 27 2019 | 1:57 AM IST

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