Today's picks: From Tata Steel to BPCL, hot stocks to watch on Thursday
Nifty Current: 11,570 (fut: 11,587), Target: NA Stop-long positions at 11,490. Stop-short positions at 11,655. Big moves could go till 11,450, 11,700. A long 11,700c (24), long 11,400p (24) will gain if there's a 2% move in either direction by settlement. Bank Nifty Current: 28,258 (fut: 28,289), Target: NA Stop-long positions at 28,175. Stop-short positions at 28,400. Big moves could go till 27,950, 28,625. Up trend may be halted by profit-booking. Tata Steel Current price: Rs 582 Target price: Rs 572 Keep a stop at Rs 588 and go short. Add to the position between Rs 575 and Rs 577. Book profits at Rs 572.