Today's picks: From Bajaj Auto to ITC, hot stocks to watch on Tuesday

Bajaj Auto, PowerGrid, ITC, Nifty and Bank Nifty

Nifty
 

Current: 11,085 (fut: 11,095)

Target: NA

Stop-long positions at 11,025. Stop-short positions at 11,170. Big moves could go till 11,225, 10,975. A long 11,200c (13), long 11,000p (25) could double if there's a big move before settlement. 

Bank Nifty 
 

Current: 27,008 (fut: 27,056)

Target: NA

Stop-long positions at 26,950. Stop-short positions at 27,150. Big moves could go till 27,350, 26,750. The trend looks positive.

Bajaj Auto  
 

Current price: Rs 2,684  

Target price: Rs 2,655

Keep a stop at Rs 2,700 and go short. Add to the position between Rs 2,665 and Rs 2,670. Book profits at Rs 2,655.  

ITC 
 

Current price: Rs 284

Target price: Rs 288

Keep a stop at Rs 282 and go long. Add to the position between Rs 286 and Rs 287. Book profits at Rs 288.

PowerGrid 
   

Current price: Rs 177 

Target price: Rs 173.5

Keep a stop at Rs 179 and go short. Add to the position between Rs 174 and Rs 175. Book profits at Rs 173.5.

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