Today's picks: From Tech Mahindra to HUL, hot stocks to watch on Friday

Nifty, Nifty Bank, Tech Mahindra, Hindustan Unilever, Tata Motors

Nifty 

Current 10703 (fut: 10736, Target: NA)

Stop long positions at 10,650. Stop short positions at 10,800. Big moves could go till 10,600, 10,850. The index went up on short-covering with a very adverse advance-decline ratio. 

Nifty Bank 

Current: 26,956 (fut: 26743)  Target NA. Stop long positions at 26,650. Stop short positions at 26,850. Big moves could go till 27,025, 26,450. The rally was largely short-covering and the financial index may open low, given discount to underlying. 

Tech Mahindra 

Current price: Rs 712     

Target price: Rs 725 

Keep a stop at Rs 705 and go long. Add to the position between Rs 720 and Rs 722.