Today's picks: ONGC to Tata Motors, hot stocks to watch on Thursday

For Tata Motors, keep a stop at Rs 97 and go long

Nifty

Current: 10,449 (10,455)
Target: NA
 
Stop long positions at 10,370. Stop short positions at 10,530. Big moves could go till 10,600, 10,300. A long March 19, 10,200p (136), short 10,100p (112) could gain 15-20, if the index tests 10,250. 
 
Bank Nifty

Current: 26,488 (26,460)
Target: NA
 
Stop long positions at 26,300. Stop short positions at 26,625. Big moves could go till 26,900, 26,000. Trend remains negative.
 
ONGC 

Current: Rs 71.7
Target: Rs 74
 
Keep a stop at Rs 70.5 and go long. Add to the position between Rs 73 and Rs