Today's picks: From GAIL to Tech Mahindra, hot stocks to watch on Tuesday

For GAIL, keep a stop at Rs 310 and go long. Add to the position between Rs 303 and Rs 304. Book profits at Rs 302

Nifty 

Current: 11,922 (fut: 11,942)

Target: NA

Stop-long positions at 11,865. 

Stop-short positions at 12,025. 

Big moves could go till 12,100, 11,800. A long 11800p (82), short 11700p (56) could gain 10-15 if the index drops till 11,870.

Nifty Bank  

Current 31,034 (fut: 31,075)  

Target: NA

Stop-long positions at 30,925. Stop-short positions at 31200. Big moves could go till 31,350, 30,800. Trend uncertain and may have a negative bias. 

GAIL   

Current price: Rs 307 

Target price: Rs 302

Keep a stop at Rs 310 and go short. Add to the position between Rs 303 and Rs 304. 

Book profits at Rs  302. 

Tech Mahindra 

Current price: Rs 768

Target price: Rs 780

Keep a stop at Rs 762 and go long. Add to the position between Rs 775-Rs 778. Book profits at Rs 780.  

Bank of Baroda

Current price: Rs 118

Target price: Rs 115

Keep a stop at Rs 120 and go short. Add to the position between Rs 116-Rs 117. Book profits at Rs 115.  

Target prices, projected movements in terms of next session, unless otherwise stated