Today's picks: From Tata Motors to NTPC, hot stocks to watch on Tuesday

Nifty, Bank Nifty, NTPC, Power Finance and Tata Motors

Premium

Business Standard

Last Updated : May 15 2018 | 6:30 AM IST

Nifty

Current: 10,806 (fut: 10,807), Target: NA

Stop-long positions at 10,700. Stop-short positions at 10,900. Big moves could go till 10,950, 10,650. Be prepared for excess volatility due to Karnataka Assembly results. A long 10,600p (60), long 11,000c (30) is zero-delta with higher put premium. Breakevens at 11,090, 10,510.

Bank Nifty

Current: 26,475 (fut: 26,430)

Target: NA

Stop-long positions at 26,300. Stop-short positions at 26,550. Big moves could go till 26,850, 26,000. Be prepared for excess volatility due to Karnataka Assembly results.

NTPC

Current price: Rs 171

Target price: Rs 175

Keep a stop at Rs 169 and go long. Add to the position between Rs 173 and

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in