Today's picks: From Infosys to HPCL, hot stocks to watch on Thursday

Nifty      

Current: 10,741  (fut: 10,774) Target: NA

Stop-long positions at 10,690. Stop-short positions at 10,850. Big moves could go till 10,900, 10,650. A long 10,600p (80), short 10,500p (58) could gain 10-15 if the index tests 10,700.  

 

Bank Nifty      

Current: 26,155  (futures: 26,137)

Target: NA 

Stop-long positions at 26,000.

Stop-short positions at 26,300. Big moves could go till 26,500, 25,775.

Trend is up but strong resistance at 26,175-26,225.

 

Infosys         

Current price: Rs 1,170

Target price: Rs 1,190

Keep a stop at Rs 1,160 and go long. Add to the position between Rs 1,180 and Rs 1,185. Book profits at Rs 1,190.

 

 

Titan   

Current price: Rs 985 

Target price: Rs 1,005

Keep a stop at Rs 975 and go long. Add to the position between Rs 996 and Rs 1,000. Book profits at Rs 1,005.  

 

HPCL        

Current price: Rs 305  

Target price: Rs 299

Keep a stop at Rs 308 and go short. Add to the position between Rs 300

and Rs 301. Book profits at Rs 299.


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