Monday, May 21, 2018

Today's picks: From Sun Pharma to CIL, hot stocks to watch on Tuesday

Current: 10,517 (fut: 10,541), Target: NA
Stop-long positions at 10,450 . Stop-short positions at 10,625. Big moves could go till 10,675, 10,400. A long 10,500p (66), short 10,400p (38) could gain 10-15 if the index drops below 10,475.
Bank 
Current: 25,750 (fut: 25,810)
Target: NA
Stop-long positions at 25,675. Stop-short positions at 25,935. Big moves could go till 26,125, 25,500. Trend remains negative.
Current price: Rs 444
Target price: Rs 436
Keep a stop at Rs 449 and go short. Add to the position between Rs 438 and Rs 440.
Book profits at Rs 436.
Current price: Rs 270
Target price: Rs 265
Keep a stop at Rs 273 and go
short. Add to the position between Rs 266 and Rs 267. Book profits at Rs 265.
Current price: Rs 2,722
Target price: Rs 2,760
Keep a stop at Rs 2,695 and go long. Add to the position between Rs 2,745 and Rs 2,755. Book profits at Rs 2,760.

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