Today's picks: From Lupin to Bajaj Auto, hot stocks to watch on Friday

For Lupin, keep a stop at Rs 897 and go long. Add to the position between Rs 910 and Rs 913

Nifty 
 

Current: 11,583 (fut: 11,596)
 

Target: NA
 

Stop-long positions at 11,500. Stop-short positions at 11,675.Big moves could go till 11,725, 11,475. A long 11,700c (20), long 11,500p (34) would profit if the index moves outside 11,445-11,755 by settlement.

Bank Nifty 
 

Current: 28,027 (fut: 28,112)
 

Target: NA
 

Stop-long positions at 27,975. Stop-short positions at 28,250. Big moves could go till 27,775, 28,450. Profit booking may continue to drag the index down. 

Lupin
 

Current price: Rs 903 
 

Target price: Rs 915 
 

Keep a stop at Rs 897 and go long. Add to the position between Rs 910 and Rs 913. 
 

Book profits at Rs 915.

HPCL 
 

Current price: Rs 260
 

Target price: Rs 255
 

Keep a stop at Rs 263 and go short. Add to the position between Rs 256 and Rs 257. 
 

Book profits at Rs 255. 
 

Bajaj Auto  
 

Current price: Rs 2,686 
 

Target price: Rs 2,645
 

Keep a stop at Rs 2,710 and go short. Add to the position between Rs 2,650 and Rs 2,660. Book profits at Rs 2,645.
 

Target prices, projected movements in terms of next session, unless otherwise stated