Today's picks: From Tata Motors to ONGC, hot stocks to watch on Tuesday

Nifty, Bank Nifty, L&T, Tata Motors and ONGC

Nifty      
Current: 10,666  (fut: 10,705) 
Target: NA
Stop-long positions at 10,625.
Stop-short positions at 10,780. Big moves could go till 11,850, 10,550.
A long 10,900c (52), short 11,000c (31) could gain 10-15, if the futures rebounds till 10825.

 
Bank Nifty      
Current: 26,099   (futures: 26,214)
Target: NA 
Stop-long positions at 26,100. Stop-short positions at 26,325. Big moves could go till 26,550, 25,875. Key support at 25,850-25,900 may be tested again
 
L&T            
Current price: Rs 1,364
Target price: Rs 1,385
Keep a stop at Rs 1,352 and go long.
Add to the position between Rs 1,377 and Rs 1,380. Book profits at Rs 1,385.

 
Tata Motors    
Current price: Rs 396  
Target price: Rs 402
Keep a stop at Rs 392 and go long. Add
to the position between Rs 400 and Rs 401. Book profits at Rs 402.
 
ONGC       
Current price: Rs 189  
Target price: Rs 185
Keep a stop at 191 and go short. Add to the position between 186-187. Book profits at 185.