Today's picks: From HDFC to Tata Motors, hot stocks to watch on Friday

Nifty, Nifty Bank, HDFC, Tata Motors, GAIL

Nifty 
 

Current: 11,597 (fut: 11,603), 

Target: NA

Stop long positions at 11,525. Stop short positions at 11,680. Big moves could go till 11,725, 11,475. A long July 25, 11,500p (27),  short 11,400p (12) could gain 10-15 if the index tests 11,500

Nifty Bank 
 

Current: 30,430 (fut: 30,443), 

Target: NA

Stop long positions at 30,300. Stop short positions at 30,600. Big moves could go till 30,800, 30,050. Trend may stay negative

HDFC 
 

Current: 2,345 

Target: 2,380

Keep a stop at 2,325 and go long. Add to the position between 2,365-2,375. Book profits at 2,380

Tata Motors
 

Current: 161  

Target: 157 

Keep a stop at 163 and go short. Add to the position 

between 158-159. Book profits at 157

GAIL
 

Current: 142  

Target: 139 

Keep a stop at 144 and go short. Add to the position between 139.5-140.5. Book profits at 139

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