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

Nifty, Bank Nifty, HPCL, ITC and Sun Pharma

Nifty

Current: 11,677 (fut: 11,740), Target: NA

Stop-long positions at 11,650. Stop-short positions at 11,825. 

Big moves could go till 11,875, 11,600

A long 11,500p (65), long 11,900c (65) can be offset with short 11,400p (48), short 11,200c (37)

Bank Nifty 

Current: 28,103 (fut: 28,229)

Target: NA

Stop-long positions at 28,075

Stop-short positions at 28,400.

Big moves could go till 28,550, 27,875

Trend has slightly negative bias

HPCL

Current price: Rs 253

Target price: Rs 247

Keep a stop at Rs 256 and go short. Add to the position between Rs 248 and Rs 249

Book profits at Rs 247

ITC

Current price: Rs 320

Target price: Rs 326

Keep a stop at Rs 317 and go long 

Add to the