Today's picks: From Wipro to Tata Motors, hot stocks to buy on Thursday

Wipro, HDFC, Tata Motors, Sensex, Nifty

Nifty

Current 11,342 (fut: 11,372),

Target: NA

Stop-long positions at 11,290. Stop-short positions at 11,450. Big moves could go till 11,225, 11,500. Momentum has slowed. A long March20, 11,200p (34), short 11,100p (19) could gain 10-15 if the index slides till 11,275.

 

Bank Nifty

Current: 28,884 (fut: 28,950),

Target: NA

Stop long positions at 28,800. Stop short positions at 29,100. Big moves could go till 28,600, 29,300. Trend bullish but there could be profit-booking today.

 

Wipro

Current price: Rs 258 

Target price: Rs 253

Keep a stop at Rs 260 and go short. Add to the position

between Rs 254 and Rs 255.

Book profits at Rs 253.

 

HDFC

Current price: Rs 1,950 

Target price: b

Keep a stop at Rs 1,935 and go long. Add to the position

between Rs 1,965 and Rs 1,972.

Book profits at Rs 1,975.

 

Tata Motors

Current price: Rs 182 

Target price: Rs 177

Keep a stop at Rs 184 and go short. Add to the position

between Rs 178 and Rs 179.

Book profits at Rs 177.

 

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