Today's picks: From BPCL to Asian Paints, hot stocks to buy on Friday

For Asian Paints keep a stop at 1,505 and go long

Nifty 

Current: 11,598 (fut: 11,680), 

Target: NA

Stop-long positions at 11,575. Stopshort positions at 11,775. Big moves could go till 11,800, 11,525. A long Apr 11 11,600p (59), short 11,500p (26) could gain 15-20 if the index falls below 11,525.

Bank Nifty 

Current: 29,905 (fut: 30,176), 

Target: NA

Stop-long positions at 30,000. Stop-short positions at 30,325. Big moves could go till 30,500, 29,750. Trend may have gone negative with more profit-booking to come. 

BPCL 

Current price: Rs 354 

Target price: Rs 348  

Keep a stop at 357 and go short. Add to the position between 349 and 350. Book profits at 348.

Asian Paints

Current price: Rs 1,519   

Target price: Rs 1,545

Keep a stop at 1,505 and go long. Add to the position between 1,530 and 1,540. Book profits at 1,545. 

Indiabulls Housing 

Current price: Rs 898   

Target price: Rs 882 

Keep a stop at 905 and go short. Add to the position between 885 and 890. Book profits at 882.