Today's picks: From HDFC to PowerGrid, hot stocks to watch on Thursday

Stocks to keep a look at - Nifty, Bank Nifty, HDFC, NTPC, PowerGrid

Nifty  

     

Current: 11,132  (fut: 11,129) 

Target: NA

Stop-long positions at 11,050. Stop-short positions at 11,200. Big moves could go till 11,250, 11,000. A long 11100p (19) would gain if the July futures is settled below 11,080.

Bank Nifty 

      

Current: 27,031  (fut: 27,034) 

Target: NA  

Stop-long positions at 26,900. Stop-short positions at 27,150. Big moves could go till 27,300, 26,700. Range trading between 26,900 and 27,150 most likely.

HDFC 

         

Current price: Rs 2,000

Target price: Rs 2,030

Keep a stop at Rs 1,985 and go long. Add to the position between Rs 2,015 and Rs 2,025. Book profits at Rs 2,030.

NTPC 

  

Current price: Rs 151  

Target price: Rs 147

Keep a stop at Rs 153 and go short. Add to the position between Rs 148 and Rs 149. Book profits at Rs 147. 

PowerGrid 

       

Current price: Rs 176  

Target price: Rs 172

Keep a stop at Rs 178 and go short. Add to the position between Rs 173 and Rs 174. Book profits at Rs 172.

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