Today's picks: From BPCL to JSW Steel, hot stocks to buy on Friday

Nifty

       
Current: 11,302  (fut: 11,343
Target: NA
Stop-long positions at 11,275. 
Stop-short positions at 11,425. 
Big moves could go till 11,500, 11,200. A long May 16 11,200p (52), short 11,100p (30) could gain 15-20 if the index drops till 10,225.

Bank Nifty 

     
Current: 28,885   (futures: 28,990
Target: NA  
Stop-long positions at 28,850. 
Stop-short positions at 29,150. 
Big moves could go till 29,350, 28,650. Trend is still bearish.

BPCL       

    
Current price: Rs 368
Target price: Rs 362
Keep a stop at 371 and go short. 
Add to the position between 364 and 363. 
Book profits at 362.

JSW Steel 

  
Current price: Rs 285 
Target price: Rs 280
Keep a stop at 288 and go short. 
Add to the position between 282 and 283. 
Book profits at 280.

Titan       

  
Current price: Rs 1,104    
Target price: Rs 1,122
Keep a stop at 1,095 and go long. Add to the position between 1,115 and 1,120. 
Book profits at 1122.



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