Today's picks: From Infosys to Coal India, hot stocks to buy on Tuesday

Nifty, Bank Nifty, Infosys, HDFC Bank and Coal India

Nifty 

Current 11,690 (fut: 11,729)

Target: NA

Stop-long positions at 11,640. Stop-short positions at 11,800. Big moves could go till 11,850, 11,600. A long Apr 25, 11,600p (42) long 11,800c (50) offset by short 11,500p (25), short 11,900c (21) costs 46 with breakevens at 11846, 11,554.

Bank Nifty 

Current: 30,105 (fut: 30,185)

Target: NA

Stop-long positions at 30,025. Stop-short positions at 30,300. Big moves could go till 30,500, 29,800. Trend is mildly positive.

Infosys  

Current price: Rs 727 

Target price: Rs 715 

Keep a stop at Rs 735 and go short. Add to the position between Rs 716 and Rs 719. Book profits at Rs 715.

HDFC Bank

Current price: Rs 2,289  

Target price: Rs 2,320

Keep a stop at Rs 2,270 and go long. Add to the position between Rs 2,310 and Rs 2,315. Book profits at Rs 2,320.

Coal India 

Current price: Rs 250  

Target price: Rs 245 

Keep a stop at Rs 253 and go short. Add to the position between Rs 246 and Rs 247. Book profits at Rs 245.  

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