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Today's picks: From Axis Bank to ONGC, hot stocks to watch on Thursday

Devangshu Datta/ 14 Feb 18 | 11:57 PM

Nifty       

Current:  10,500  (fut: 10,462)  Target: NA

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Stop-long positions at 10,390. Stop-short positions at 10,525. Big moves could go till 10,325, 10,600. A long 10,300p (64), short 10,200p (44) could gain 15-20 if the downtrend breaks 10,350. 


Bank Nifty       

Current:  25,341   (futures: 25,305) 

Target: NA  

Stop-long positions at 24,200. Stop-short positions at 25,400. Big moves could go till 24,975, 25,650. Downtrend likely to continue. 


Axis Bank            

Current price: Rs 544 

Target price: Rs 535

Keep a stop at Rs 550 and go short. Add to the position between Rs 536 and Rs 538. Book profits at Rs 535. 


Tech Mahindrra    

Current price: Rs 612   

Target price: Rs 622

Keep a stop at Rs 605 and go long. Add to the position between Rs 619 and Rs 621. Book profits at Rs 622.


ONGC         

Current price: Rs 186  

Target price: Rs 181

Keep a stop at Rs 188 and go short. Add to the position between Rs 182 and Rs 183. Book profits at Rs 181. 

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Sensex

Company Price Gain (%)
Sun Pharma.Inds.619.602.98
Bharti Airtel372.051.51
Infosys1,425.301.17
Tata Motors251.150.99
Axis Bank623.850.90

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