Today's picks: From Titan to Hindalco, hot stocks to watch on Thursday

Nifty, Bank Nifty, Titan, Tech Mahindra, Hindalco

Nifty       

Current: 10,685  (fut: 10,690) Target: NA

Stop-long positions at 10,620. Stop-short positions at 10,760. Big moves could go 

till 10,800, 10,575. A long 10,600p (84), short 10,500p (58) could gain 10-15 if the index tests 10,625. 

Bank Nifty       

Current: 26,368  (futures: 26,383) 

Target: NA 

Stop-long positions at 26,250. Stop-short positions at 26,500. Big moves could go till 26,000, 26,750. The trend still looks negative. 

Titan           

Current price: Rs 900 

Target price: Rs 920

Keep a stop at Rs 892 and go long. 

Add to the position between Rs 910 

and Rs 915. Book profits at Rs 920. 

Tech Mahindra   

Current price: Rs 692     

Target price: Rs 705

Keep a stop at Rs 686 and go long. 

Add to the position between Rs 700 

and Rs 702. Book profits at Rs 705.  

Hindalco        

Current price: Rs 248 

Target price: Rs 244

Keep a stop at Rs 251 and go short. 

Add to the position between Rs 245 

and Rs 246. Book profits at Rs 244.

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