Today's picks: From Asian Paints to Tata Steel, hot stocks to buy on Friday

For Asian Paints, keep a stop at 1,485 and go long

Nifty 

Current: 11,570 (fut: 11,673), 

Target: NA

Stop long positions at 11,590. 

Stop short positions at 11,760. 

Big moves could go till 11,800, 11,500. A Long April 11, 11,700c (99), short 11,800c (60) could gain 

10-15 if the index clears 11,700.

Bank Nifty 

Current: 30,420 (fut: 30,424), 

Target: NA

Stop long positions at 30,275. Stop short positions at 30,550. Big moves could go till 30,750, 30,050. Trend is bullish.

UPL  

Current price: Rs 929 

Target price: NA 

Keep a stop at 936 and go short. Add to the position between 917-920. 

Book profits at 915.

Asian Paints

Current price: Rs 1,497  

Target price: Rs 1,525

Keep a stop at 1,485 and go long. Add to the position 

between 1,515-1,520. 

Book profits at 1,525.

Tata Steel 

Current price: Rs 506  

Target price: Rs 495 

Keep a stop at 510 and go short. Add to the position between 498-500. 

Book profits at 495.

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