Today's picks: From HPCL to Wipro, hot stocks to watch on Tuesday

For Wipro, Keep a stop at Rs 321 and go long

Nifty

Current: 10,524 (fut: 10,522)

Target: NA

Stop-long positions at 10,450. Stop-short positions at 10,600. Big moves could go till 10,650, 10,400. A long 10,300p (97), short 10,200p (76) could gain 10-15 if the index falls till 10,425.  

Bank Nifty

Current: 25,732 (fut: 25,822)

Target: NA

Stop-long positions at 25,700. Stop-short positions at 25,850. Big moves could go till 25,400, 27,100. Trend is slightly biased towards negative, with resistance at 25,650.  

Indiabulls Housing Finance

Current price: Rs 833 

Target price: Rs 820 
 

Keep a stop at Rs 840 and go short. Add to the position between Rs 821 and Rs 824. Book profits at Rs 820.

HPCL  

Current price: Rs 233 

Target price: Rs 228

Keep a stop at Rs 236 and go short. Add to the position between Rs 229 and Rs 230. 

Book profits at Rs 228.

Wipro    

Current price: Rs 324 

Target price: Rs 330

Keep a stop at Rs 321 and go long. Add to the position between Rs 328 and Rs 329. Book profits at Rs 330.  

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