Today's picks: From HPCL to Hindalco, hot stocks to watch on Friday

For L&T, keep a stop at Rs 1380 and go long. Add to the position between Rs 1,405-Rs 1,410.

Today's picks: From HPCL to Hindalco, hot stocks to watch on Friday
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Devangshu Datta
Last Updated : Jan 11 2019 | 6:00 AM IST
Nifty 
 
Current: 10,821 (fut: 10,853) 
Target: NA
Stop-long positions at 10,770.  
Stop-short positions at 10,930.  
Big moves could go till 10,975, 10,725. 

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A long 11,000c (76), short 11,100c (44) could gain 10-15 if the market climbs till 10,930.

Bank Nifty 
 
Current: 27,528 (fut: 27,630)
Target: NA
Stop-long positions at 27,500.
Stop-short positions at 27,750. 
Big moves could go till 27,300, 28,000. Trend may be biased towards downside.

HPCL
 
Current price: Rs 233 
Target price: Rs 229
Keep a stop at Rs 235 and go short. Add to the position between Rs 230-Rs 231.
Book profits at Rs 229.

L&T   
 
Current price: Rs 1,393
Target price: Rs 1,415
Keep a stop at Rs 1380 and go long. Add to the position between Rs 1,405-Rs 1,410.  
Book profits at Rs 1,415.

Hindalco 
 
Current price: Rs 204
Target price: Rs 208
Keep a stop at Rs 202 and go long. Add to the position between Rs 206-Rs 207
Book profits at Rs 208.

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