From Infosys to Tata Steel, hot stocks to watch on Thursday

For Tata Steel, keep a stop at 498 and go short

Nifty
 
Current: 10,792  (fut: 10,825)
 
Target: NA
 

Stop-long positions at 10,745. Stop-short positions at 10,905. Big moves could go till 10,950, 10,700. A long  10700p (137), short 10600p (105) could gain 15-20 if the futures drops below 10,725.
 
Bank Nifty
 
Current: 27,174   (futures: 27,275)
 
Target: NA 
 
Stop-long positions at 27,125. Stop-short positions at 27,425. Big moves could go till 27,650, 26,875. Trend could stay negative.
 
Infosys
 
Current price: Rs 669
 
Target price: Rs 680
 
Keep a stop at 664 and go long. Add to the position between 676-678.  Book profits at 680. 

 
Tata Steel    
 
Current price: Rs 494
 
Target price: Rs 486
 
Keep a stop at 498 and go short. Add to the position between 488-490.  Book profits at 486.
 
Maruti        
 
Current price: Rs 7,268   
 
Target price: Rs 7,150
 
Keep a stop at 7320 and go short . Add to the position between 7170-7200.  Book profits at 7150.
Target prices, projected movements in terms of next session, unless otherwise stated