 "Today's picks: From Airtel to Hindalco, hot stocks to watch on Friday")
Nifty
Current: 10,545 (fut: 10,557)
Target: NA
Stop-long positions at 10,475. Stop-short positions at 10,630. Big moves could go till 10,425, 10,680. A long 10,500p (66), short 10,400p (40) could gain 15-20 if the futures drops below 10,475.
Bank Nifty
Also Read
Current: 25,424 (fut: 25,440)
Target: NA
Stop-long positions at 25,325. Stop-short positions at 25,575. Big moves could go till 25,100, 25,775. Index has a bearish
bias.
Bharti Airtel
Current price: Rs 429
Target price: Rs 421
Keep a stop at Rs 434 and go short. Add to the position between Rs 423 and Rs 424.
Book profits at Rs 421.
Hindalco
Current price: Rs 251
Target price: Rs 256
Keep a stop at Rs 249 and go
long. Add to the position between Rs 254 and Rs 255.
Book profits at Rs 256
Zee Entertainment
Current price: Rs 571
Target price: Rs 560
Keep a stop at Rs 576 and go short. Add to the position between Rs 563 and Rs 565.
Book profits at Rs 560.
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