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Today's picks: From Asian Paints to M&M, hot stocks to watch on Friday

Nifty, Bank Nifty, Asian Paints, PowerGrid, Mahindra & Mahindra

Today's picks: From Asian Paints to M&M, hot stocks to watch on Friday
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Devangshu Datta
Nifty 

Current: 10,957 (fut: 10,983), Target: NA

Stop-long positions at 10,900. Stop-short positions at 11,055. Big moves could go till 11,100, 10,850. A long 10,900p (49), short 10,800p (29) could gain 15-20 if the index dips below 10,900.

Bank Nifty

Current: 26,790 (fut: 26,852)

Target: NA

Stop-long positions at 26,725. Stop-short positions at 26,975. Big moves could go till 27,150, 26,500. Slight negative bias.

Asian Paints 

Current price: Rs 1,403 

Target price: Rs 1,425 

Keep a stop at Rs 1,395 and go long. Add to the position between Rs 1,415 and Rs 1,420. Book profits at Rs 1,425.

PowerGrid  

Current price: Rs 177

Target price: Rs 174

Keep a stop at Rs 179 and