 "Today's picks: L&T to Zee Entertainment, hot stocks to watch on Thursday")
Nifty
Stop long positions at 11,850. Stop short positions at 12,030. Big moves could go till 12,100, 11,775. A long Dec 19 11,800p (36), short 11,700p (17) could gain 10-15 if the index drops till 11,825.
Bank Nifty
Stop long positions at 31,175. Stop short positions at 31,425. Big moves could go till 31,700, 31,000. Trend may go negative.
L&T
Keep a stop at 1,275 and go short. Add to the position between 1,245-1,250. Book profits at 1,240.
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Zee Entertainment
Keep a stop at 287 and go short. Add to the position between 280-281. Book profits at 279.
Hero MotoCorp
Keep a stop at 2,275 and go long. Add to the position between 2,315-2,325. Book profits at 2,340.
Target prices, projected movements in terms of next session, unless otherwise stated
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