Today's picks: From Hindalco to Indiabulls, hot stocks to watch today

Nifty

Current: 10,947 (fut: 10,949),

Target: NA

Stop-long positions at 10,875. Stop-short positions at 11,025

Big moves could go till 11,075, 10,825

A long 11,100c (35), short 11,200c (17) could gain 15-20 if the index strikes 11,000

Bank Nifty

Current: 26,895   (futures: 26,883

Target: NA  

Stop-long positions at 26,750. Stop-short positions at 27,000

Big moves could go till 26,575, 27,200. Trend remains positive

Hindalco          

Current price: Rs 229

Target price: Rs 233

Keep a stop at Rs 227 and go long

Add to the position between Rs 231 and Rs 232

Book profits at Rs 233

Indiabulls Housing 

Current price: Rs 1,143

Target price: Rs 1,125

Keep a stop at Rs 1,152 and go short. 

Add to the position between Rs 1,129 and Rs 1,132

Book profits at Rs 1,125

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

 


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