 "Today's picks: From Tata Steel to Maruti, hot stocks to buy on Thursday")
Nifty
Current: 11,861 (fut: 11,863), Target: NA
Stop-long positions at 11,790
Stop-short positions at 11,930
Big moves could go till 11,725, 12,000. A long 11,800p (14), 11,900c (22), has breakevens at 11,763, 11,937
Bank Nifty
Also Read
Current: 31,295 (futures: 31,314), Target: NA
Stop-long positions at 31,200
Stop-short positions at 31,430. Big moves could go till 31,600, 31,050. Trend has a negative bias
Maruti
Current price: Rs 6,891
Target price: Rs 6,975
Keep a stop at 6,845 and go long
Add to the position between 6,950 and 6,970. Book profits at 6,975
Tata Steel
Current price: Rs 493
Target price: Rs 485
Keep a stop at 498 and go short
Add to the position between 486 and 488. Book profits at 485
Tech M
Current price: Rs 739
Target price: Rs 750
Keep a stop at 733 and go long
Add to the position between 746 and 748. Book profits at 750
Target prices, projected movements in terms of next session, unless otherwise stated
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