Today's picks: From Cipla to BPCL, hot stocks to watch on Thursday

Keep a stop at Rs 563 and go short. Add to the position between Rs 550 and Rs 553. Book profits at Rs 547

Nifty       
 

Current: 10,742 (fut: 10,763) Target: NA
 

Stop-long positions at 10,690. 
 

Stop-short positions at 10,850. Big moves could go till 10,900, 10,600. A long 10,600p (46), 10,900c (39) has breakevens at 10,985, 10,515 and it will gain if there's a big breakout.

Bank Nifty     
 

Current: 26,182   (futures: 26,218) 

Target: NA 

Stop-long positions at 26,075. 

Stop-short positions at 26,375. Big moves could go till 26,600, 25,800. Trend looks bearish.

Hindustan Unilever             

Current price: Rs 1,574

Target price: Rs 1,600

Keep a stop at Rs 1,560 and go