 "Today's picks: Tech Mahindra to Bank Nifty, hot stocks to watch on Tuesday")
Nifty
Current: 10738 (fut 10770)
Target: NA
Stop long positions at 10855. Stop short positions at 10675. Big moves could go till 10625, 10900. A long 10600p (79), short 10500p (53) could gain 10-15 if the index tests 10650.
Bank Nifty
Current: 27248 (fut: 27347)
Also Read
Target: NA
Stop long positions at 27200. Stop short positions at 27500. Big moves could go till 27000, 27750. Trend may be negative.
Hind Unilever
Current price: Rs 1764
Target price: Rs 1790
Keep a stop at 1755 and go long. Add to the position between 1775-1785. Book profits at 1790.
Tech Mahindra
Current price: Rs 680
Target price: Rs 670
Keep a stop at 686 and go short. Add to the position between 671-673. Book profits at 670.
Indiabulls Housing
Current price: Rs 791
Target price: Rs 775
Keep a stop at 799 and go short. Add to the position between 778-782. Book profits at 775.
Target prices, projected movements in terms of next session, unless otherwise stated
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