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Today's picks: Indiabulls Housing to NTPC, hot stocks to watch on Wednesday

Nifty, Indiabulls Housing, NTPC, Coal India

Markets, Buy, Sell, Stocks
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Photo: Shutterstock.com

Devangshu Datta
Nifty
Current: 10,656 (fut: 10,664), Target: NA
Stop-long positions at 10,585.
Stop-short positions at 10,750. Big moves could go till 10,800, 10,525. Downtrend in force. A long 10,600p (70), short 10,500p (43) could gain 15-20 if the index falls below 10,575.
 
Bank Nifty
Current: 26,113 (fut: 26,125)
Target: NA
Stop-long positions at 25,975. Stop-short positions at 26,275. Big moves could go till 26,450, 25,775. Downtrend in force.
 
Indiabulls Housing
Current price: Rs 706
Target price: Rs 694
Keep a stop at Rs 713 and go short. Add to the position between Rs 695 and Rs 698. Book profits