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

For Infosys, book profits at Rs 700

Nifty

Stop-long positions at 11,790. Stop-short positions at 11,997. Big moves could go till 12,050, 11,700. A long Nov 7, 12000c (47), short 12100c (22) could gain 15-20 if the index tests 12,000 in the next five sessions.

Bank Nifty

Stop-long positions at 29,900. Stop short positions at 31,200. Big moves could go till 30,450, 29,650. Trend remains bullish but hitting strong resistance at 30,250-30,450.

Infosys

Keep a stop at Rs 680 and go long. Add to the position between Rs 694-Rs 698. Book profits at Rs 700. 

Tata Steel

Keep a stop at Rs 383 and go short. Add to the position between Rs 375-Rs 376. Book profits at Rs 374.

Titan 

Keep a stop at Rs 1,317 and go long. Add to the position between Rs 1,345-Rs 1,350. Book profits at Rs 1,352. 

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