Today's picks: From ITC to Bajaj Finance, hot stocks to watch on Tuesday

For ITC, keep a stop at 266 and go short. Add to the position between 261-262. Book profits at 260

Nifty

Current: 

11,346 (11,352)

Target: NA

Stop long positions at 11,275. Stop short positions at 11,425. Big moves could go till 11,475, 11,225. A long July 25, 11,300p (36), short 11,200p (16) could gain 10-15, if the index drops below 11,300.

Bank Nifty

Current: 

29,285 (fut: 29,374)

Target: NA

Stop long positions at 29,225. Stop short positions at 29,525. Big moves could go till 29,700, 29,025. Trend appears to be negative.

ITC

Current: Rs 264

Target: Rs 260

Keep a stop at 266 and go short. Add to the position between 261-262. Book profits at 260.

Zee Ent

Current: Rs 364

Target: Rs 358

Keep a stop at 367 and go short. Add to the position between 359-361. Book profits at 358.

Bajaj Finance

Current: Rs 3247 

Target: Rs 3190

Keep a stop at 3280 and go short. Add to the position between 3200-3215. Book profits at 3190.