Business Standard

Today's picks: From BPCL to Asian Paints, hot stocks to buy on Friday

For Asian Paints keep a stop at 1,505 and go long

Devangshu Datta  |  Mumbai 

Firms

Nifty

Current: 11,598 (fut: 11,680),

Target: NA

Stop-long positions at 11,575. Stopshort positions at 11,775. Big moves could go till 11,800, 11,525. A long Apr 11 11,600p (59), short 11,500p (26) could gain 15-20 if the index falls below 11,525.

Bank Nifty

Current: 29,905 (fut: 30,176),

Target: NA

Stop-long positions at 30,000. Stop-short positions at 30,325. Big moves could go till 30,500, 29,750. Trend may have gone negative with more profit-booking to come.

BPCL

Current price: Rs 354

Target price: Rs 348

Keep a stop at 357 and go short. Add to the position between 349 and 350. Book profits at 348.

Asian Paints

Current price: Rs 1,519

Target price: Rs 1,545

Keep a stop at 1,505 and go long. Add to the position between 1,530 and 1,540. Book profits at 1,545.

Indiabulls Housing

Current price: Rs 898

Target price: Rs 882

Keep a stop at 905 and go short. Add to the position between 885 and 890. Book profits at 882.

First Published: Fri, April 05 2019. 06:30 IST
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