Tuesday 20 February 2018

Today's picks: From Adani Ports to IOC, hot stocks to watch on Tuesday

Nifty Current: 10,378 (fut: 10,375), Target: NA Stop-long positions at 10,455. Stop-short positions at 10,295. Big moves could go till 10,250, 10,500. 

A long 10,300p (37), short 10,200p(18) could gain 15-20 if the index tests10,300.Bank Nifty Current: 25058 (fut: 25072) Target: NAStop-long positions at 24,970. Stop-short positions at 25,200.

Big moves could go till 25,400, 24,725. Trend remains down and short-covering will hit resistance at 25,250.

Adani Ports Current price: Rs 394 Target price: Rs 387Keep a stop at Rs 400 and go short. Add to the position between Rs 389 and Rs 390. Book profits at Rs 387.Tata Steel Current price: Rs 649 Target price: Rs 660Keep a stop at Rs 643 and go long. 

Add to the position between Rs 655 and Rs 658. Book profits at Rs 660.Indian Oil Corp Current price: Rs 369 Target price: Rs 364 Keep a stop at Rs 373 and go short. Add to the position between Rs 365 and Rs 366. Book profits at Rs 364.

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