Today's picks: From Nifty to PowerGrid, hot stocks to watch on Tuesday
Nifty Current: 11,582 (fut: 11,623), Target: NA Stop-long positions at 11,540. Stop-short positions at 11,705. Big moves could go till 11,500, 11,775. A long 11,500p (99), short 11,400p (72) could gain 15-20 if the index drops below 11,500. Bank Nifty Current: 27,819 (fut: 27,962) Target: NA Stop-long positions at 27,800. Stop-short positions at 28,100.
Big moves could go till 28,275, 27,600. Trend may stay negative. Bajaj Finance Current price: Rs 2,724 Target price: Rs 2,680 Keep a stop at Rs 2,750 and go short. Add to the position between Rs 2685 and Rs 2700. Book profits at Rs 2,680. PowerGrid Current price: Rs 195 Target price: Rs 190 Keep a stop at Rs 197 and go short. Add to the position between Rs 191 and Rs 192. Book profits at Rs 190.
ARTICLE SOURCE: BS