Business Standard

Today's picks: From Gail to Infosys, hot stocks to watch on Tuesday

For Infosys keep a stop at 772 and go long. Add to the position between 787-780. Book profits at 782.

IT stocks. Photo: iStock
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Photo: iStock

Devangshu Datta
Nifty
Current:  11,588 (fut: 11585)
Target: NA
Stop long positions at 11,500. Stop short positions at 11,655. Big moves could go till 11,700, 11,450. A long July 25 11,500p (53), short 11,400p (27)  could gain 10-15 if the 11,500 level is tested.
 
Bank Nifty
Current 30,445.95 (30483)
Target: NA
Stop long positions at 30,325. Stop short positions at 30,600. Big moves could go till 30,800, 30150. Trend seems to be
negative.
 
Gail 
Current price: Rs 145.5
Target price: Rs 142.5
Keep a stop at 147 and go short. Add to the position between 143-144. Book profits at 142.5.

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