Today's picks: From Airtel to Adani Ports, hot stocks to buy on Friday

Nifty 

Current 11,257 (fut: 11,300), 

Target: NA

Stop-long positions at 11,200. Stop-short positions at 11,400. Big moves could go till 11,450, 11,150. Trend may go bearish again after short-covering yesterday. A long May 23 11,100p (213) , short 11,000p (182) could gain 10-15 if the index drops below 11,150.

Bank Nifty 

Current: 28,855 (fut: 28,980), 

Target: NA

Stop-long positions at 28,800. Stop-short positions at 30,125. Big moves could go till 30,400, 28,600. Trend may go bearish again after short-covering.

Indusind  

Current price: Rs 1,358

Target price: Rs 1,337 

Keep a stop at 1,370 and go long. Add to the position between 1,340 and 1,345. 

Book profits at 1,337.

Airtel 

Current price: Rs 325  

Target price: Rs 330 

Keep a stop at 322 and go long. Add to the position between 328 and 329. 

Book profits at 330.

Adani Ports   

Current price: Rs 372   

Target price: Rs 366 

Keep a stop at 375 and go short. Add to the position between 367 and 368. Book profits at 366.

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