Today's picks: From TCS to Asian Paints, hot stocks to watch today

Nifty, bank Nifty, TCS, Asian Paints, L&T

Nifty 

Current: 10,852 (fut: 10,859), Target: NA

Stop-long positions at 10,775. Stop-short positions at 10,925. Big moves could go till 10,975, 10,750. Big resistance at 10,900 but trend may have gone bullish. A long 11,000c (40), short 11,100c (19) could double in value if the index hits 10,925. 

Bank Nifty 

Current: 26,753 (fut: 26,710)

Target: NA

Stop-long positions at 26,550. Stop-short positions at 26,855. Big moves could go till 27,025, 26,350. Trend may stay positive but big resistance at 26,850-26,900. 

TCS 

Current price: Rs 1,884  

Target price: Rs 1,915

Keep a stop at Rs 1,865 and go long. Add to the position between Rs 1,905 and Rs 1,910. Book profits at Rs 1,915. 

Asian Paints 

Current price: Rs 1,363

Target price: Rs 1,385

Keep a stop at Rs 1,350 and go long. Add to the position between Rs 1,375 and Rs 1,380. 

Book profits at 1,385.

Larsen & Toubro 

  

Current price: Rs 1,288; Target price: Rs 1,265

Keep a stop at Rs 1,300 and go short. Add to the position between Rs 1,270 and Rs 1,275.  Book profits at Rs 1,265. 

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