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Today's picks: From TCS to Asian Paints, hot stocks to watch today

Nifty, bank Nifty, TCS, Asian Paints, L&T

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Devangshu Datta
Last Updated : Jul 10 2018 | 6:30 AM IST
Nifty 

Current: 10,852 (fut: 10,859), Target: NA
Stop-long positions at 10,775. Stop-short positions at 10,925. Big moves could go till 10,975, 10,750. Big resistance at 10,900 but trend may have gone bullish. A long 11,000c (40), short 11,100c (19) could double in value if the index hits 10,925. 

Bank Nifty 

Current: 26,753 (fut: 26,710)
Target: NA

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Stop-long positions at 26,550. Stop-short positions at 26,855. Big moves could go till 27,025, 26,350. Trend may stay positive but big resistance at 26,850-26,900. 

TCS 

Current price: Rs 1,884  
Target price: Rs 1,915
Keep a stop at Rs 1,865 and go long. Add to the position between Rs 1,905 and Rs 1,910. Book profits at Rs 1,915. 

Asian Paints 

Current price: Rs 1,363
Target price: Rs 1,385
Keep a stop at Rs 1,350 and go long. Add to the position between Rs 1,375 and Rs 1,380. 
Book profits at 1,385.

Larsen & Toubro 
  
Current price: Rs 1,288; Target price: Rs 1,265
Keep a stop at Rs 1,300 and go short. Add to the position between Rs 1,270 and Rs 1,275.  Book profits at Rs 1,265. 
Target prices, projected movements in terms of next session, unless otherwise stated