For HPCL, Keep a stop at 271 and go short
Nifty
Current: 11,445 (fut: 11,449)
Target: NA
Stop long positions at 11,375.
Stop short positions at 11,525.
Big moves could go till 11,575, 11,325.
A long 11,400c (13) has breakeven
at 11,387.
Bank Nifty
Current: 30,019 (futures: 30,027)
Target: NA
Stop long positions at 29,925. Stop short positions at 30,100. Big moves could go till 33,000, 29,750 but a large intraday move seems unlikely. Trend could be negative.
HPCL
Current price: Rs 269
Target price: Rs 265
Keep a stop at 271 and go short . Add to the position between 266 and 267. Book profits at 265.
Titan
Current price: Rs 1,116
Target price: Rs 1,132
Keep a stop at 1,110 and go long.
Add to the position between 1,127 and 1,130. Book profits at 1,132.
Hero Motors
Current price: Rs 2,543
Target price: Rs 2,495
Keep a stop at 2,565 and go short. Add to the position between 2,505 and 2,515. Book profits at 2,495.
First Published: Thu, March 28 2019. 06:00 IST
read the full story about Today’s picks: From HPCL to Titan, hot stocks to buy on Thursday
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