Today's picks: From Asian Paints to YES Bank, hot stocks to watch on Friday

Nifty

 
Current: 10,48 (11,015)
Target: NA
Stop long positions at 10,925. Stop short positions at 11,105. Big moves could go till 11,150, 10,800. A long Sep 05, 10,800p (32), short 10,700p (18) could gain 10-15 if the index tests 10,850.

Bank Nifty

 
Current: 27,305 (fut 27478)
Target: NA
Stop long positions at 27,250. Stop short positions at 27,600. Big moves could go till 27,750, 27,100. Trend remains negative.

Asian Paints

 
Current: Rs 1,615
Target: Rs 1,640
Keep a stop at 1,600 and go long.  Add to the position between 1,632-1,638. Book profits at 1,40.

Tata Motors

 
Current: Rs 114
Target: Rs 110
Keep a stop at 116 and go short.  Add to the position between 111-112. Book profits at 110.

YES Bank

 
Current: Rs 57.5 
Target: Rs 55
Keep a stop at 58.5  and go short. Add to the position between 55.5 -56. Book profits at 55.

Target prices, projected movements in terms of next session, unless otherwise stated



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