 "Today’s picks: From BPCL to Zee, hot stocks to watch on Thursday")
Nifty
Current: 11,477 (fut: 11,512) Target: NA
Stop-long positions at 11,425. Stop-short positions at 11,585. Big moves could go till 11,375, 11,650. A long 11,400p (92), short 11,300p (65) will gain 15-20, if the market falls below 11,400.
Bank Nifty
Current: 27,376 (futures: 27,501) Target: NA
Stop-long positions at 27,350. Stop-short positions at 27,625. Big moves could go till 27,850, 27,150. Downtrend could continue.
BPCL
Current price: Rs 350 Target price: Rs 345
Keep a stop at Rs 353 and go short. Add to the position between Rs 346 and Rs 347. Book profits at Rs 345.
Current: 11,477 (fut: 11,512) Target: NA
Stop-long positions at 11,425. Stop-short positions at 11,585. Big moves could go till 11,375, 11,650. A long 11,400p (92), short 11,300p (65) will gain 15-20, if the market falls below 11,400.
Bank Nifty
Current: 27,376 (futures: 27,501) Target: NA
Stop-long positions at 27,350. Stop-short positions at 27,625. Big moves could go till 27,850, 27,150. Downtrend could continue.
BPCL
Current price: Rs 350 Target price: Rs 345
Keep a stop at Rs 353 and go short. Add to the position between Rs 346 and Rs 347. Book profits at Rs 345.
