Reliance Securities has recommended Larsen & Toubro and UPL as intraday technical picks for today.
The stock broker said, ''Short position can be initiated in Larsen & Toubro only in Rs 1,830-1,840 range for target of Rs1,780 with a strict stop loss of Rs 1,845. Traders are advised to avoid early morning whipsaw.''
On UPL, the broking firm said, ''Long position can be initiated only in Rs 525-520 range for target of Rs 545 with a strict stop loss of Rs 515.Traders are advised to avoid early morning whipsaw.''
Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.