Today's picks: From Hindalco to Lupin, hot stocks to watch on Friday

Nifty, Bank Nifty, Hindalco, Lupin

Nifty       

Current: 10,114   (fut: 10,116) 

Target: NA

Stop-long positions at 10,045. Stop-short positions at 10,200. Big moves could go till 10,250, 9,975. A long 10,100p (69), short 10,000p (36) could double if the index drops till 10,050.

Bank Nifty       

Current: 24,141   (futures: 24,171) 

Target: NA  

Stop-long positions at 24,050. Stop-short positions at 24,300. 

Big moves could go till 24,450, 23,870. Trend remains negative.

Hindustan Petroleum Corp           

Current price: Rs 343 

Target price: Rs 336

Keep a stop at Rs 346 and go short. Add to the position between Rs 338 and Rs 340. 

Book profits at Rs 336.

Lupin   

Current price: Rs 757   

Target price: Rs 745

Keep a stop at Rs 765 and go short. Add to the position between Rs 747 and Rs 750. 

Book profits at Rs 745. 

HIndalco        

Current price: Rs 216  

Target price: Rs 220

Keep a stop at Rs 214 and go long. Add to the position between Rs 218 and Rs 219. Book profits at Rs 220.

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