Today's picks: From Dr Reddy's to BPCL, hot stocks to watch on Friday

Topics Today's picks

Nifty

 
Current: 11,968 (fut: 11,971)
Target: NA
Stop long positions at 11870. Stop short positions at 12050. Big moves could go till 12125, 11825. Trend may go negative. A long Nov 28, 11800p (27), 11700p (15) could gain 10-15 if the 11800 is tested.

Bank Nifty

 
Current: 31,349 (fut: 31,315)
Target: NA
Stop long positions at 31175. Stop short positions at 31500. Big moves could go till 31700, 30950. Trend may have a negative bias.

Gail

 
Current: Rs 122
Target: Rs 119
Keep a stop at 124 and go short. Add to the position between 119 and 120. Book profits at 119.

BPCL

 
Current: Rs 514
Target: Rs 502
Keep a stop at 520 and go short. Add to the position between 505 and 507. Book profits at 502.

Dr Reddy’s

 
Current: Rs 2,879 
Target: Rs 2,925
Keep a stop at 2850 and go long. Add to the position between 2,910 and 2,920. Book profits at 2925.

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



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