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

Topics Todays picks

Bombay Stock Exchange
Nifty

 
Current: 11,440 (11,461)

 
Target: NA

Stop long positions at 11,375. Stop short positions at 11,530.  
Big moves could go till 11,600, 11,300. A long  Oct 3, 11,400p (75), short 11,300p (58) could gain 15-20 If the reaction continues through settlement.

Bank Nifty

 
Current: 
29,586 (29,616)

 
Target: NA

 
Stop long positions at 29,425.  Stop short positions at 29,800.  
Big moves could go till 30,000, 29,200. Trend may stay negative.

Infosys

 
Current: Rs 792

 
Target: Rs 775

 
Keep a stop at 800 and go short.  Add to the position between 
780-783. Book profits at 775.

YES Bank

 
Current: Rs 53.7 Target: Rs 55.25

Keep a stop at 52 and go long.  Add to the position between 
54.5 -55. Book profits at 55.25.

Coal India

 
Current: Rs 192.5  

 
Target: Rs 188

 
Keep a stop at 194.5 and go short. Add to the position between 
189-190. Book profits at 188.


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