From Bajaj Auto to Coal India, hot stocks to watch on Wednesday

For Bajaj Auto, keep a stop at 3,000 and go short. Add to the position between 2,940-2,950. Book profits at 2,935

Nifty 

Current: 11,929 (fut: 11,945), 

Target: NA

Stop-long positions at 11,870. Stop-short positions at 12,020. Big moves could go till 11,800, 12100. A long 11900c (36), short 11800p (13) would work if there’s one session of profit-booking.   

Nifty Bank 

Current: 31,598 (fut: 31,693), 

Target: NA

Stop-long positions at 31,545. Stop-short positions at 31,825. Big moves could go till 32,050, 31,350. Trend remains positive but momentum is low.

Bajaj Auto 

Current: 2,988 

Target: 2,935 

Keep a stop at 3,000 and go short. Add to the position between 2,940-2,950. Book profits at 2,935.

Coal India  

Current: 251 

Target: 246 

Keep a stop at 253 and go short. Add to the position between 247-248. Book profits at