Business Standard

Today's picks: L&T to Zee Entertainment, hot stocks to watch on Thursday

For L&T, keep a stop at 1,275 and go short

Devangshu Datta 

buy and sell, markets, stocks

Nifty

Stop long positions at 11,850. Stop short positions at 12,030. Big moves could go till 12,100, 11,775. A long Dec 19 11,800p (36), short 11,700p (17) could gain 10-15 if the index drops till 11,825.

Bank Nifty

Stop long positions at 31,175. Stop short positions at 31,425. Big moves could go till 31,700, 31,000. Trend may go negative.

L&T

Keep a stop at 1,275 and go short. Add to the position between 1,245-1,250. Book profits at 1,240.

Zee Entertainment

Keep a stop at 287 and go short. Add to the position between 280-281. Book profits at 279.

Hero MotoCorp

Keep a stop at 2,275 and go long. Add to the position between 2,315-2,325. Book profits at 2,340.


Target prices, projected movements in terms of next session, unless otherwise stated

First Published: Thu, December 12 2019. 06:30 IST
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