Today's picks: From Indian Oil to Tata Motors, hot stocks to buy on Tuesday

Nifty, Bank Nifty, Tech Mahindra, Indian Oil Corporation, Tata Motors

Nifty

Current 11,594 (fut: 11,615),
Target: NA
Stop-long positions at 11,530. Stop-short positions at 1
1,700. Big moves could go till 11,750, 11,450. A long 11,600p (50), short 11,500p (22) could gain 15-20 if the futures drops till 11,550.
 
Bank Nifty

Current: 29,688 (fut: 29,725),
Target: NA
Stop-long positions at 29,575. Stop-short positions at 29,875.
 
Tech Mahindra

Current price: Rs 805
Target price: Rs 820
Keep a stop at Rs 798 and go
long. Add to the position
between Rs 814 and 817. Book profits at Rs 820.Big moves could go till 30,075,29,375. Trend may remain negative.  
 
 
Indian Oil Corporation

Current price: Rs 150  
Target price: Rs 145
Keep a stop at Rs 152 and go
short. Add to the position
between Rs 146 and Rs 147. Book profits at Rs 145.
 
 
Tata Motors

Current price: Rs 235 
Target price: Rs 230 
Keep a stop at Rs 238 and go
short. Add to the position
between Rs 231 and Rs 232. Book profits at 230.

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