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Today's picks: From Tata Motors to RIL, hot stocks to watch out on Tuesday

Nifty, Bank Nifty, Tata Motors, GAIL, and Reliance Industries

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Devangshu Datta
Nifty
 
Current: 11,387 (fut: 11,421), Target: NA
 
Stop-long positions at 11,325. 
 
Stop-short positions at 11,500. Big moves could go till 11,550, 11,275. A long 11,500c (82), long 11,300p (82) can be offset by short 11,200p (57), short 11,600c (44) for net cost of 63 and breakevens at 11,237, 11,563.

Bank Nifty
 
Current: 27,898 (fut: 27,956), Target: NA
 
Stop-long positions at 27,825. Stop-short positions at 28,075. 
 
Big moves could go till 27,650, 28,300. Trend remains bullish.

Tata Motors 
 
Current price: Rs 254 
 
Target price: Rs 250 
 
Keep a stop at Rs 257 and go short. Add to the position between Rs 250 and