Today's picks: From Tech Mahindra to HPCL, hot stocks to watch on Tuesday

Nifty, Bank Nifty, Tech Mahindra, Indiabulls Housing Finance, HPCL

Nifty 

Current: 10,964 (fut: 10,966), Target: NA

Stop-long positions at 10,875. 

Stop-short positions at 11,025. Big moves could go till 11,100, 10,825. A long 11,000c (34), short 11,100c (8) could gain 15-20 if the index crosses 11,025.

Bank Nifty

Current: 26,988 (fut: 27,041)

Target: NA

Stop-long positions at 26,900. Stop-short positions at 27,150. Big moves could go till 27,350, 26,700. Trend is bullish but less than the Nifty. 

Tech Mahindra

Current price: Rs 569

Target price: Rs 580

Keep a stop at Rs 565 and go 

long. Add to the position between Rs 575 and Rs 576. Book profits at Rs 580.

Indiabulls Housing Finance

Current price: Rs 1,355

Target price: Rs 1,380

Keep a stop at Rs 1,345 and go long. Add to the position between Rs 1,370 and Rs 1,375. 

Book profits at Rs 1,380.

HPCL   

Current price: Rs 402 

Target price: Rs 394

Keep a stop at Rs 406 and go short. Add to the position between Rs 395 and Rs 397. Book profits at Rs 394.

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