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

For L&T, keep a stop at Rs 1380 and go long. Add to the position between Rs 1,405-Rs 1,410.

Nifty 
 

Current: 10,821 (fut: 10,853) 

Target: NA

Stop-long positions at 10,770.  

Stop-short positions at 10,930.  

Big moves could go till 10,975, 10,725. 

A long 11,000c (76), short 11,100c (44) could gain 10-15 if the market climbs till 10,930.

Bank Nifty 
 

Current: 27,528 (fut: 27,630)

Target: NA

Stop-long positions at 27,500.

Stop-short positions at 27,750. 

Big moves could go till 27,300, 28,000. Trend may be biased towards downside.

HPCL
 

Current price: Rs 233 

Target price: Rs 229

Keep a stop at Rs 235 and go short. Add to the position between Rs 230-Rs 231.

Book profits at Rs 229.

L&T   
 

Current price: Rs 1,393

Target price: Rs 1,415

Keep a stop at Rs 1380 and go long. Add to the position between Rs 1,405-Rs 1,410.  

Book profits at Rs 1,415.

Hindalco 
 

Current price: Rs 204

Target price: Rs 208

Keep a stop at Rs 202 and go long. Add to the position between Rs 206-Rs 207

Book profits at Rs 208.