Today's picks: From Hero MotoCorp to BPCL, hot stocks to watch on Thursday

Topics Today's picks

Nifty 

 
Current: 11464 (fut: 11483)
Target: NA
Stop long positions at 11375. Stop short positions at 11575. Big moves could go till 11625, 11325. Short-term trend could be positive. A long Oct 24 11600c (45), short 11700c (20) could gain 15-20 if the index tests 11600.

Bank Nifty 

 
Current 28539 (fut: 28615)
Target: NA
Stop long positions at 28475. Stop short positions at 28775. Big moves could go till 29100, 28125. Trend is very volatile but with a negative bias

Hero MotoCorp 

 
Current price: Rs 2,602 
Target price: Rs 2,560 
Keep a stop at 2625 and go short. Add to the position between 2565-2575. Book profits at 2560

Vedanta 

 
Current price: Rs 150
Target price: Rs 146
Keep a stop at 152 and go short. Add to the position between 147-148. Book profits at 146

BPCL 

 
Current price: Rs 512 
Target price: Rs 522
Keep a stop at 507 and go long. Add to the position between 519-521. Book profits at 522.


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