Today's picks: From TCS to Hero MotoCorp, hot stocks to watch on Tuesday

Nifty, Nifty Bank, TCS, Hero MotoCorp, Coal India

Nifty 

Current: 11,559 (fut: 11,570)

Target: NA

Stop-long positions at 11,470. 

Stop-short positions at 11,655. 

Big moves could go till 11,425, 11,725. Trend is bearish. A long June 18, 11,500p (75), short 11,400p (45) could gain 15-20 if the index falls below 11,450.

Nifty Bank  

Current 30,605 (fut: 30,706))  

Target: NA

Stop-long positions at 30,550. Stop-short positions at 30,850. Big moves could go till 31,050, 30,300. Trend is bearish.

TCS  

 

Current price: Rs 2,175 

Target price: Rs 2,220

Keep a stop at Rs 2,150 and go long. Add to the position between Rs 2,205-Rs 2,215. Book profits at Rs 2,220.

 

Hero MotoCorp

 

Current price: Rs 2,380

Target price: Rs 2,330

Keep a stop at Rs 2,405  and go short. Add to the position between Rs 2,340-Rs 2,350. Book profits at Rs 2,330.

 

Coal India

Current price: Rs 232

Target price: Rs 227

Keep a stop at Rs 235 and go short. Add to the position between Rs 228-Rs 229. Book profits at Rs 227.

 

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