Today's picks: Bharti Airtel to Tata Steel, hot stocks to watch on Tuesday

Nifty, Bank Nifty, Bharti Airtel, Tata Steel , Larsen & Toubro

Nifty 
 

Current: 10,250 (fut: 10,279), Target: NA

Stop-long positions at 10,190. Stop-short positions at 10,375. Big moves could go till 10,050, 10,500. A short 10,500c (111), long 10,600c (75) can be held with a stop at 10,425. It would gain 15-20, if the index falls till 10,200.  

Bank Nifty 
 

Current: 24,960 (fut: 25,085)

Target: NA

Stop-long positions at 24,900. Stop-short positions at 25,250. Big moves could go till 25,400, 24,700.  Resistance at 25,300-25,350. 

Short-term trend could be positive.

Bharti Airtel  
 

Current price: Rs 295  

Target price: Rs 290

Keep a stop at Rs 298 and go short. Add to the position between Rs 291 and Rs 292. 

Book profits at Rs 290.

Tata Steel  
 

Current price: Rs 574 

Target price: Rs 585

Keep a stop at Rs 568 and go long. Add to the position between Rs 580 and Rs 582. 

Book profits at Rs 585.

Larsen & Toubro    
 

Current: Rs 1,261
Target: Rs 1,285

Keep a stop at Rs 1,250 and go long. Add to the position between Rs 1,275 and Rs 1,280. Book profits at Rs 1,285.

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