 "Today's picks: From Cipla to Bajaj Finserv, hot stocks to watch on Tuesday")
Nifty
Current: 10,512 (fut: 10,520), Target: NA
Stop-long positions at 10,425. Stop-short positions at 10,610. Big moves could go till 10,650, 10,400. A long 10,400p (84), short 10,300p (60) could gain 15-20 if the index drops below 10,450.
Bank Nifty
Current: 25,388 (fut: 25,376)
Target: NA
Also Read
Stop-long positions at 25,250. Stop-short positions at 25,500. Big moves could go till 25,750, 25,000. Trend may stay negative.
Hindustan Petroleum
Current price: Rs 213
Target price: Rs 208
Keep a stop at Rs 216 and go short. Add to the position between Rs 209 and Rs 210. Book profits at Rs 208.
Cipla
Current price: Rs 648
Target price: Rs 660
Keep a stop at Rs 642 and go long. Add to the position between Rs 655 and Rs 658. Book profits at Rs 660.
Bajaj Finserv
Current price: Rs 5,635
Target price: Rs 5,550
Keep a stop at Rs 5,685 and go short. Add to the position between Rs 5,560 and Rs 5,575. Book profits at Rs 5,550.
Target prices, projected movements in terms of next session, unless otherwise stated
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