Today's picks: From HDFC to Tata Motors, hot stocks to buy on Thursday

Nifty 
Current 11,726 (fut: 11,823), 
Target: NA
Stop-long positions at 11,725. Stop-short positions at 11,870. Big moves could go till 11,675, 11925. A long May 30, 11,600p (39), long 11,900c (55) can be offset with short May 02, 11,600p (23), short May 02, 11,900c (15). 

Bank Nifty 
Current: 29,860 (fut: 30,063), 
Target: NA
Stop-long positions at 29,900. Stop-short positions at 30,200. Big moves could go till 30,400 - 29,700. The trend is mildly positive.

HDFC  
Current price: Rs 1,980 
Target price: Rs 2,000 
Keep a stop at 1,965 and go long. Add to the position between 1,992 - 1,998. Book 
profits at 2,000

Tata Motors 
Current price: Rs 223 
Target price: Rs 218 
Keep a stop at 226 and go short. Add to the position between 219 - 220. Book profits at 218. 

HCL
Current price: Rs 1,139  
Target price: Rs 1,157  
Keep a stop at 1,130 and go 
long. Add to the position between 1,150-1,155. Book 
profits at 1,157. 
Target prices, projected movements in terms of next session, unless otherwise stated .


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