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

Nifty, Bank Nifty, Hero MotoCorp, Vedanta and BPCL

Nifty 
 

Current: 11464 (fut: 11483)

Target: NA

Stop long positions at 11375. Stop short positions at 11575. Big moves could go till 11625, 11325. Short-term trend could be positive. A long Oct 24 11600c (45), short 11700c (20) could gain 15-20 if the index tests 11600.

Bank Nifty 
 

Current 28539 (fut: 28615)

Target: NA

Stop long positions at 28475. Stop short positions at 28775. Big moves could go till 29100, 28125. Trend is very volatile but with a negative bias

Hero MotoCorp 
 

Current price: Rs 2,602 

Target price: Rs 2,560 

Keep a stop at 2625 and go short. Add to the position between 2565-2575. Book profits at 2560

Vedanta 
 

Current price: Rs 150

Target price: Rs 146

Keep a stop at 152 and go short. Add to the position between 147-148. Book profits at 146

BPCL 
 

Current price: Rs 512 

Target price: Rs 522

Keep a stop at 507 and go long. Add to the position between 519-521. Book profits at 522.