Today's picks: From HUL to Tata Steel, hot stocks to watch on Friday

Nifty, Hindustan Unilever, Tata Steel, Zee Entertainment

Nifty 

Current: 10,842 (fut: 10,847), Target: NA

Stop-long positions at 10,775. Stop-short positions at 10,925. Big Moves could go till 10,975, 10,725. A long 11,000c (38), long 10,700p (56), short 11,100c (17), short 10,600p (36) has break-evens at 11,041, 10,659. 

Bank Nifty 

Current: 26,607 (fut: 26,636)

Target: NA

Stop-long positions at 26,500. Stop-short positions at 26,775. Big moves could go till 26,300, 26,975. Trend is positive but momentum is slowing. 

Hindustan Unilever

Current price: Rs 1,640

Target price: Rs 1,670 

Keep a stop at Rs 1,625 and go long. Add to the position between Rs 1,655 and Rs 1,665. Book profits at Rs 1,670.

Tata Steel 

Current price: Rs 580

Target price: Rs 570

Keep a stop at Rs 585 and go short. Add to the position between Rs 572 and Rs 574. 

Book profits at Rs 570.

Zee Entertainment   

Current price: Rs 563 

Target price: Rs 555

Keep a stop at Rs 568 and go short. Add to the position between Rs 556 and Rs 558. 

Book profits at Rs 555.

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