Stock Picks

11 June and Ahead: Watchlist

1. WIPRO
IT Stocks are the flavour of the season especially with the strengthening dollar. Wipro has given a bullish break out and we suggest to BUY and add on dips till 335 with SL at 332 and TGT: 360/382/400.

WIPRO


2. TECH MAHINDRA
Another IT company. Tech Mahindra has seen accumulation till 990 levels and the stock has corrected till 910 with very low volumes comparatively. BUY with SL at 910, TGT: 978/1020++

TECH MAHINDRA

3. TCS
We have been bullish on TCS for the past few weeks now and have told to use every dip to BUY. TCS is still a BUY and above 1550, it will explode further. Buy on dips till 1475 with SL 1450 on closing basis. TGT: 1550/1600+

TCS

4. TATA MOTORS
Very strong on charts, buy on dips till 285 with SL at 285 on closing basis.TGT: 310/320++

TATA MOTORS

5. TATA STEEL
SELL with SL at 298, TGT: 280/270/260 and below. LOT SIZE: 1000. Safer is to BUY puts of 280 and 270.
BUY 280PE at 4-5 range, SL: 1.75, TGT: 10/20+

TATA STEEL

6. TATA COFFEE
A traders favourite, we are ready for a positional with 5% SL after many days in this. BUY with SL 1375, add on dips with closing SL at 1375, TGT: 1500/1550/1600.

TATA COFFEE


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