Today's picks: Bharti Infra to Power Grid, hot stocks to watch on Wednesday

For Bharti Infratel, keep a stop at Rs 272 and go short. Add to the position between Rs 267 and Rs 268

Nifty       

Current: 11,287  (fut: 11,331) 
Target: NA

Stop-long positions at 11,245. Stop-short positions at 114,10. Big moves could go till 11,450, 11,175. A long 11,200p (84), short 11,100p (58) could gain 10-15 if the index falls below 11,200. 

Bank Nifty       

Current: 26,807  (futures: 26,930) 

Target: NA  

Stop-long positions at 26,775. Stop-short positions at 27,025. Big moves could go till 26,500, 27,350. Downtrend may continue. 

Bharti Infratel         

  

Current price: Rs 270

Target price: Rs 266

Keep a stop at Rs 272 and go short. Add to the position between Rs 267 and Rs 268. 

Book profits at Rs 266. 

Power Grid      

Current price: Rs 187 

Target price: Rs 183

Keep a stop at Rs 189 and go short. Add to 

the position between Rs 184 and Rs 185. 

Book profits at Rs 183.

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