Today's picks: From Indian Oil to Asian Paints, hot stocks to watch today

Nifty 
 

Current 10,808 (fut: 10,813), Target: NA
 

Stop long positions at 10,725. Stop short positions at 10,900. Big moves could go till 10,950, 10,675. A long 10,700p (51), 10,900c (50), short 10,600p (30), short 11,000c (24) has breakevens at 10,653, 10,947.   

Bank Nifty 
 

Current: 26,562 (fut:26,575)
 

Target: NA
 

Stop long positions at 26,450. Stop short positions at 26,700.  Big moves could go till 27,000, 26,200. There could be some negative bias to the trend. 

Indian Oil 

Current price: Rs172  
 

Target price: Rs168 
 

Keep a stop at Rs174 and go short. Add to the position between Rs169 and Rs170. Book profits 

at Rs168.  

NTPC    

Current price: Rs158
 

Target price: Rs154
 

Keep a stop at Rs160 and go short. Add to the position between Rs155 and Rs156. Book profits 

at Rs154. 

Asian Paints    

Current price: Rs1,286  
 

Target price: Rs1,310
 

Keep a stop at Rs1,275 and go long. Add to the position between Rs1,300 and Rs1,305. Book profits at Rs1,310.