From Larsen & Toubro to Tata Steel, hot stocks to watch on Tuesday

For Tata Steel keep a stop at 507 and go long. Add to the position between 519 and 522. Book profits at 525.

Nifty

Current: 11,925 (fut: 11,915)

Target: NA

Stop-long positions at 11,825. Stop-short positions at 12,025. Big moves could go till 11,750, 12,100. Trend is positive but one big session of profit-booking before settlement is likely. A long 11,800p (29), long 12,000c (37) has breakevens at 11,734, 12,066.

Bank Nifty 

Current: 31,647 (fut: 31,579)

Target: NA

Stop long positions at 31400. Stop short positions at 31725. Big moves could go till 31900, 31250. Trend is positive. 

Tata Steel 

Current price: Rs 513 

Target price: Rs 525 

Keep a stop at 507 and go long. Add to the position between 519 and 522. Book profits at 525.

ZEEL 

Current price: Rs 361

Target price: Rs 355

Keep a stop at 364 and go short. Add to the position between 356 and257. Book profits at 355. 

Larsen & Toubro  

Current price: Rs 1,596 

Target price: Rs 1,620

Keep a stop at 1,580 and go long. Add to the position between 1,610 and 1,615. Book profits at 1,620. 
Target prices, projected movements in terms of next session, unless otherwise stated