Today's picks: Bharti Airtel to Tata Steel, hot stocks to watch on Tuesday

Nifty, Bank Nifty, Bharti Airtel, Tata Steel , Larsen & Toubro

Nifty 
 

Current: 10,250 (fut: 10,279), Target: NA

Stop-long positions at 10,190. Stop-short positions at 10,375. Big moves could go till 10,050, 10,500. A short 10,500c (111), long 10,600c (75) can be held with a stop at 10,425. It would gain 15-20, if the index falls till 10,200.  

Bank Nifty 
 

Current: 24,960 (fut: 25,085)

Target: NA

Stop-long positions at 24,900. Stop-short positions at 25,250. Big moves could go till 25,400, 24,700.  Resistance at 25,300-25,350. 

Short-term trend could be positive.

Bharti Airtel  
 

Current price: Rs 295  

Target price: Rs 290

Keep a stop at Rs 298 and go short. Add to the position between Rs 291 and Rs 292. 

Book profits at Rs 290.

Tata Steel  
 

Current price: Rs 574 

Target price: Rs 585

Keep a stop at Rs 568 and go long. Add to the position between Rs 580 and Rs 582. 

Book profits at Rs 585.

Larsen & Toubro    
 

Current: Rs 1,261
Target: Rs 1,285

Keep a stop at Rs 1,250 and go long. Add to the position between Rs 1,275 and Rs 1,280. Book profits at Rs 1,285.

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