Today's picks: Britannia to Infosys, hot stocks to watch on Wednesday

Topics Todays picks

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Nifty

Stop long positions at 10,845 . Stop short positions at 11,000. Big moves could go till 11,050, 11,800. A long Aug 22, 10900p (58), short 10800p (39) could gain 10-15 if the index drops below 10875  

Nifty Bank

Stop long positions at 27600. Stop short positions at 27875. Big moves could go till 27400, 28050. Trend is negative. 

Britannia

Keep a stop at 2535 and go short. Add to the position between 2475-2490. Book profits at 2470.

Tata Steel

Keep a stop at 352 and go short. Add to the position between 344-346. Book profits at 343.

Infosys 

Keep a stop at 758 and go long. Add to the position between 773-776. Book profits at 778.



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