Friday, 28 September 2018

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

Technology, stock markets

Nifty
Current: 10,977 (fut: 11,043)
Target: NA
Stop-long positions at 10,950. Stop-short positions at 11,125. Big moves could go till 11,175, 10,900. A long 10800p (111) short 10,700p (86) will pay 10-15 if the index drops to 11,900.

Bank Nifty
Current: 25,042 (futures: 25,269)
Target: NA
Stop-long positions at 25,100. Stop-short positions at 25,400. Big moves could go till 25,600, 24,900. Trend remains negative.

TCS
Current price: Rs 2,188
Target price: Rs 2,220
Keep a stop at Rs 2,170 and go long. Add to the position between Rs 2,210 and Rs 2,215.
Book profits at Rs 2,220.

Tata Motors
Current price: Rs225
Target price: Rs220
Keep a stop at Rs 228 and go short. Add to the position between Rs 221 and Rs 222. Book profits at Rs2 20.

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