Today's picks: From Tata Motors to CIL, hot stocks to watch on Thursday

Nifty, Bank Nifty, Hindalco, Tata Motors and Coal India

Nifty 

Current: 11,084 (fut: 11,085), Target: NA

Stop-long positions at 11,000. Stop-short positions at 11,150. Big moves could go till 11,200, 10,950. A long 11,000p (19) short 10,900p (9) could gain 1'5-20 if the index reacts down to 11,100 in the next two sessions.

Bank Nifty 

Current: 27,390 (fut: 27,382)

Target: NA

Stop-long positions at 27,275. Stop-short positions at 27,500. Big moves could go till 27,025, 27,700. Profit-booking likely in the next two sessions.

Hindalco 

Current price: Rs 265

Target price: Rs 270

Keep a stop at Rs 262 and go 

long. Add to the position between Rs 268 and Rs 269. Book profits at Rs 270.

Tata Motors
 

Current price: Rs 418

Target price: Rs 426

Keep a stop at Rs 414 and go 

long. Add to the position between Rs 423 and Rs 425. Book profits at Rs 426.

Coal India 
 

Current price: Rs 293 

Target price: Rs 288

Keep a stop at Rs 296 and go short. Add to the position between Rs 289 and Rs 290. Book profits at Rs 288.

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