Today's picks: From Asian Paints to Coal India, hot stocks to buy on Friday

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Nifty 

Current 11,343 (fut: 11,387)

Target: NA

Stop-long positions at 11,295. 

Stop-short positions at 11,475. 

Big moves could go till 11,250, 11,500. 

A long Mar 20, 11,300p (42), short 11,200p (21) could gain 10-15 if the 11,300 level is tested

Bank Nifty 

Current:  28,923 (fut: 29,024)

Target: NA

Stop-long positions at 28,850. 

Stop-short positions at 29,200. 

Big moves could go till 29,400, 28,650. 

Trend is bullish but big resistances at 29,100-29,175

Asian Paints 

Current price: Rs 1,435 

Target price: Rs 1,455 

Keep a stop at Rs 1,425 and go long. 

Add to the position between Rs 1,445 and Rs 1,450

Book profits at Rs 1,455

Bharti Airtel 

Current price: Rs 342

Target price: Rs 337 

Keep a stop at Rs 345 and go short

Add to the position between Rs 338 and Rs 339

Book profits at Rs 337

Coal India 

Current price: Rs 243

Target price: Rs 239 

Keep a stop at Rs 245 and go short. 

Add to the position between Rs 240 and Rs 241

Book profits at Rs 239
Target prices, projected movements in terms of next session, unless otherwise stated


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