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

Nifty, Bank Nifty, ATat Steel, Hindustan Unilever, Wipro

Nifty 

Current: 10,791 (fut: 10,819), Target: NA

Stop-long positions at 10,745. Stop-short positions at 10,900. Big moves could go till 10,950, 10,675. A long 10,900c (71), long 10,700p (70) can be offset with short 11,000c (41), short 10,600p (48). Cost 52. Breakevens at 10,952, 10,648. Maximum gain 48.

Bank Nifty 

Current: 26,815 (fut: 26,902)

Target: NA

Stop-long positions at 26,750. Stop-short positions at 27,050. Big moves could go till 27,300, 26,500. Trend positive but heavy resistance at 27,025-27,100. 

Tata Steel 

Current price: Rs 512 

Target price: Rs 502 

Keep a stop at Rs 517 and go 

short. Add to the position between Rs 504 and Rs 506. 

Book profits at Rs 502.

Hindustan