Today's picks: From L&T to Zee, hot stocks to watch on Thursday

Nifty, Bank Nifty, UPL, Larsen & Toubro and Zee Entertainment

Devangshu Datta 

Nifty Current: 10,492 (fut: 10,520), Target: NA Stop-long positions at 10,450. Stop-short positions at 10,575. Big moves could go till 10,400, 10,625. A long 10,400p (96), short 10,300p (70) could gain 10-15 if the support at 10,450 is tested. But there could be a rebound ahead of the long weekend. Bank Nifty Current: 25,107 (fut: 25,178) Target: NA Stop-long positions at 25,075. Stop-short positions at 25,275.

Big moves could go till 25,500, 24,850. There could be a rebound ahead of the long weekend. UPL Current price: Rs 729 Target price: Rs 740 Keep a stop at Rs 722 and go long. Add to the position between Rs 736 and Rs 739. Book profits at Rs 740. Larsen & Toubro Current price: Rs 1,318 Target price: Rs 1,295 Keep a stop at Rs 1,330 and go short. Add to the position between Rs 1,300 and Rs 1,305. Book profits at Rs 1,295. Zee Entertainment Current price: Rs 565 Target price: Rs 556 Keep a stop at Rs 570 and go short. Add to the position between Rs 557 and Rs 559. Book profits at Rs 556.


Target prices, projected movements in terms of next session, unless otherwise stated

First Published: Thu, March 01 2018. 06:30 IST
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