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Today's picks: Vedanta to Adani Ports, hot stocks to watch on Thursday

Nifty, Bank Nifty, Vedanta, Adani Ports, Indian Oil

Technology, stock markets
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Devangshu Datta
Nifty     
 
Current: 10,600  (fut: 10,626) Target: NA
Stop-long positions at 10,550. Stop-short positions at 10,700. Big moves could go till 10,750, 10,500. A long 10,500p (46), short 10,400p (27) could gain 15-20 if the index drops till 10,500.

Bank Nifty       
 
Current: 26,262   (futures: 26,340
Target: NA  
Stop-long positions at 26,225. Stop-short positions at 26,375. Big moves could go till 26,700, 26,000. Trend indeterminate. Strong support at 26,050-26,125. Strong resistance at 26,500-26,575.

Vedanta       
   
Current price: Rs 202 
Target price: Rs 198
Keep a stop at Rs 204 and go short. Add to the position between Rs 199

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