From Hindalco to Bharti Infratel, hot stocks to watch on Thursday Stock Market Advice
Nifty Current: 10,858 (fut: 10,880) Target: NA Stop-long positions at 10,790. Stop-short positions at 10,960. Big moves could go till 11,025, 10,725. A long 10,700p (132), short 10,600p (105) could gain 15-20 if the index drops till 10,750. Bank Nifty Current: 25,070 (fut: 25,145) Target: NA Stop-long positions at 24,950. Stop-short positions at 25,350. Big moves could go till 25,550, 24,650. Trend Is bearish. Be prepared for excess volatility. Hindalco Current price: Rs254 Target price: Rs259 Keep a stop at Rs251 and go long. Add to the position between Rs257 and Rs258. Book profits at Rs259. Bharti Infratel Current price: Rs252 Target price: Rs247
Keep a stop at Rs255 and go short. Add to the position between Rs248 and Rs249. Book profits at Rs247. UPL Current price: Rs642 Target price: Rs630 Keep a stop at Rs649 and go short. Add to the position between Rs632 and Rs635. Book profits at Rs630. Business Standard
ARTICLE SOURCE: BS