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

For BPCL, Keep a stop at 371 and go short

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.

---

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