Today's picks: From Wipro to Adani Port, hot stocks to buy on Thursday

For Wipro, keep a stop at 360 and go long

Nifty 

Current: 10,652 (fut: 10,633)

Target: NA

Stop-long positions at 10550. Stop-short positions at 10,720. Big moves could go till 10,475, 10,775. A long 10600p (26), short 10500p (6) could gain 15-20 if the index falls till 10550.

Bank Nifty 
 

Current 26,825 (fut: 26,817)

Target: NA

Stop-long positions at 26,675. Stop-short positions at 26,950. Big moves could go till 26,500, 27,125. There’s key support at 26,500, which is where the 200 Day Moving Average is held.

Wipro 
 

Current price: Rs 363 

Target price: Rs 369

Keep a stop at 360 and go long. Add to the position between 367-368. Book profits at 369.

Adani Port 
 

Current price: Rs 338

Target price: Rs 344

Keep a stop at 334 and go long. Add to the position between 342-343. Book profits at 344.

Grasim  
 

Current price: Rs 724 

Target price: Rs 712

Keep a stop at 732 and go short. Add to the position between 715-717. Book profits at 712.

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