Today's picks: From Tata Motors to M&M, hot stocks to watch on Friday

Nifty, Bank Nifty, Tata Motors, Indian Oil Corporation, Mahindra & Mahindra

Nifty       

Current:  10,382  (fut: 10,384) Target: NA

Stop-long positions at 10,300. Stop-short positions at 10,455. Big moves could go 

till 10,500, 10,275. A long 10,300p (125), short 10,200p (96) could gain 10-15 if 

the index drops till 10,300. 

Bank Nifty        

Current: 24,955   (futures: 24,970) 

Target: NA  

Stop-long positions at 24,850. 

Stop-short positions at 25,100. Big 

moves could go till 24,650, 25,300. Downtrend may continue.  

Tata Motors           

Current price: Rs 359 

Target price: Rs 353

Keep a stop at Rs 362 and go short. Add 

to the position between Rs 354 and Rs 355. Book profits at Rs 353.

Indian Oil Corporation  

Current price: Rs 364  

Target price: Rs 359

Keep a stop at Rs 367 and go short. 

Add to the position between Rs 360 and Rs 361. Book profits at Rs 359. 

Mahindra & Mahindra       

Current price: Rs 722

Target price: Rs 732

Keep a stop at Rs 715 and go long. Add 

to the position between Rs 729 and 

Rs 731. Book profits at Rs 732.

---

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