Today's picks: From UPL to Sun Pharma, hot stocks to watch today
Nifty Current: 11,023 (fut: 11,015), Target: NA Stop-long positions at 10,050. Stop-short positions at 11,080. Big moves could go till 11,125, 10,900. A long 10,900p (53), long 11,100c (53) can be offset by short 10,800p (33), short 11,200c (27). This combined long-short strangle has breakevens at 10,854, 11,146. Bank Nifty Current: 27,025 (fut: 26,995) Target: NA Stop-long positions at 26,875. Stop-short positions at 27,125. Big moves could go till 27,350, 26,650. Up trend could be halted by profit-booking. Resistance at 27,15027,200. UPL Current price: Rs 582