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Today's picks: From TCS to Tata Steel, hot stocks to buy on Tuesday

For Cipla, keep a stop at Rs 497 and go short.

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Devangshu Datta
Nifty 
 
Current: 10,661 (fut: 10,695) 
Target: NA
Stop-long positions at 10,600. Stop-short positions at 10,780. Big moves could go till 10,550, 10,850. Trend is negative. A long 10,600p (42), short 10,500p (20) could gain 10-15 if the index tests 10,600.

Nifty Bank  
 
Current: 26,653 (fut: 26,750)  
Target: NA
Stop-long positions at 26,625. Stop-short positions at 26,875. Big moves could go till 
27,125, 26,375. 
Trend is negative.

TCS 
 
Current price: Rs 1,955
Target price: Rs 1,985
Keep a stop at Rs 19,40 and go long. Add to the position between Rs 1,970 and Rs 1,980.
Book profits at Rs 1,985.

Tata Steel 
 
Current price: Rs 446
Target price: Rs 438
Keep a stop at Rs

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First Published: Jan 29 2019 | 6:00 AM IST

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