Today's picks: From BPCL to JSW Steel, hot stocks to buy on Friday

For BPCL, Keep a stop at 371 and go short

Nifty
       

Current: 11,302  (fut: 11,343) 

Target: NA

Stop-long positions at 11,275. 

Stop-short positions at 11,425. 

Big moves could go till 11,500, 11,200. A long May 16 11,200p (52), short 11,100p (30) could gain 15-20 if the index drops till 10,225.

Bank Nifty 
     

Current: 28,885   (futures: 28,990) 

Target: NA  

Stop-long positions at 28,850. 

Stop-short positions at 29,150. 

Big moves could go till 29,350, 28,650. Trend is still bearish.

BPCL       
    

Current price: Rs 368

Target price: Rs 362

Keep a stop at 371 and go short. 

Add to the position between 364 and 363. 

Book profits at 362.

JSW Steel 
  

Current price: Rs 285 

Target price: Rs 280

Keep a stop at 288 and go short. 

Add to the position between 282 and 283. 

Book profits at 280.

Titan       
  

Current price: Rs 1,104    

Target price: Rs 1,122

Keep a stop at 1,095 and go long. Add to the position between 1,115 and 1,120. 

Book profits at 1122.

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