Today's picks: From Asian Paints to M&M, hot stocks to watch on Friday

Nifty
Current: 10,957 (fut: 10,983), Target: NA
Stop-long positions at 10,900. Stop-short positions at 11,055. Big moves could go till 11,100, 10,850. A long 10,900p (49), short 10,800p (29) could gain 15-20 if the index dips below 10,900.

Bank Nifty
Current: 26,790 (fut: 26,852)
Target: NA
Stop-long positions at 26,725. Stop-short positions at 26,975. Big moves could go till 27,150, 26,500. Slight negative bias.

Asian Paints
Current price: Rs 1,403
Target price: Rs 1,425
Keep a stop at Rs 1,395 and go long. Add to the position between Rs 1,415 and Rs 1,420. Book profits at Rs 1,425.

PowerGrid
Current price: Rs 177
Target price: Rs 174
Keep a stop at Rs 179 and go short. Add to the position between Rs 175 and Rs 176.
Book profits at Rs 174.

Mahindra & Mahindra
Current price: Rs 913
Target price: Rs 930
Keep a stop at Rs 905 and go long. Add to the position between Rs 923 and Rs 927. Book profits at Rs 930.