Brokers Bets – Intraday Calls For 20-12-2018

Stock Picks

ICICI Direct Intraday Calls For 20-12-2018:

Nifty Future Tips:

Action – Sell
Price Range -10925-10940
Target -10901.0/10874.0
Stop loss -10957.00

ICICI Direct Stock Tips (Current month future):

ITC (ITC)
CMP -283.65
Action – Buy
Initiation Range -280.00-281.00
Target -283.10/285.70
Stop Loss -277.80
Rationale -Price close above 200 day EMA & RSI in rising trajectory

Bharat Forge (BHAFOR)
CMP -523.70
Action – Sell
Initiation Range -522.00-523.00
Target -517.40/512.40
Stop Loss -527.60
Rationale -Price reacting lower facing resistance at 38.2% retracement of recent decline

Intraday Calls For 20-12-2018

Way2Wealth Recommendation:

UPL Buy Around 752, Target: 772, Stop Loss:740
AXISBANK Buy Around 639, Target: 660, Stop Loss: 630.50
HCLTECH Sell Around 960 Target: 930, Stop Loss: 972

IDBI Capital Market

CYIENT(631.55), Action Buy in the range of 628-626, Target 660, SL 612

India Infoline:

Trading Strategy
Cadila Healthcare Limited (Sell Dec Futs Between 282-284 Stop Loss289.2 Target 273
Derivative Strategy (Time period: Till expiry)
Sell HCL Tech December Future at
957-963, Stop Loss 979 and Target940.5-941.5

These recommendations are by brokers and we have collated them for our readers. Please read the disclaimers carefully before trading.

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