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Tuesday, December 24, 2024 | 05:57 AM ISTEN Hindi

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Today's picks: From Infosys to Tata Motors, hot stocks to watch on Friday

For Infosys, keep a stop at 828 and go long. Add to the position between 842-845. Book profits at 846.

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Devangshu Datta
Nifty
Current: 10,848 (10,875)
Target: NA
Stop long positions at 10,800. Stop short positions at 10,950. Big moves could go till 11,025, 10,725. A long Sep 12, 11,000c (40), long 10,700p (40), offset by short 10,600p (21), short 11,100c (18), would have breakevens at 11,040, 11,660.

Bank Nifty
Current: 26,919 (fut: 26,990)
Target: NA
Stop long positions at 26,800. Stop short positions at 27,150. Big moves could go till 27,350,26,650. Trend likely to stay negative with short-covering below 26,750.

Infosys
Current: Rs 834
Target: Rs 846
Keep a stop at 828 and go long. Add to the position between 842-845. Book profits at 846.

Tata Motors
Current: Rs 118
Target: Rs 114
Keep a stop
Topics : Infosys

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