Today's picks: From BPCL to Cipla, hot stocks to watch on Wednesday Stock Market Advice
Nifty Current: 11,067 (fut: 11,097) Target: NA Stop-long positions at 11,000. Stop-short positions at 11,175. Big moves could go till 11,250, 10,950. A long 11,000p (32), long 11,200c (22) has breakevens at 11,254, 10,946 with 2 sessions to go. Bank Nifty Current: 25,330 (fut: 25,390)Target: NA Stop-long positions at 25,200. Stop-short positions at 25,450. Big moves could go till 25,000, 25,750. Trend could go negative again. Indiabulls Hsg Current price: Rs929 Target price: Rs945 Keep a stop at Rs920 and go long. Add to the position between Rs939 and Rs942. Book profits at Rs945. BPCL Current price: Rs364
Target price: Rs359 Keep a stop at Rs367 and go short. Add to the position between Rs360 and Rs361. Book profits at Rs359. Cipla Current price: Rs662 Target price: Rs675 Keep a stop at Rs656 and go long. Add to the position between Rs669 and Rs672. Book profits at Rs675.
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ARTICLE SOURCE: BS