Today’s picks: From Titan to YES Bank, hot stocks to watch on Friday

Source:-business-standard.com

Nifty

Current 11,844 (fut: 11,886),

Target: NA

Stop-long positions at 11,775. Stopshort positions at 12,000. Big moves could go till 11,730, 12,050.

A long June 11,800p (39), short 11,700p (28) could gain 10-15 if

the index tests 11,800.

Bank Nifty

Current: 30,857 (fut: 30,985),

Target: NA

Stop-long positions at 30,850. Stop short positions at 31,125. Big moves could go till 31,350, 30,650. Trend may stay negative for one more session.

Titan

Current price: Rs 1,270

Target price: Rs 1,286

Keep a stop at 1260 and go long. Add to the position between 1280-1284. Book profits at 1286.

UPL

Current price: Rs 1,012

Target price: Rs 1,030

Keep a stop at 1004 and go long. Add to the position between 1024-1028. Book profits at 1030.

YES Bank

Current price: Rs 144

Target price: Rs 140

Keep a stop at 145.5 and go short. Add to the position between 141-143. Book profits at 140.