Today's picks: From Adani Ports to IOC, hot stocks to watch on Tuesday

Nifty, Bank Nifty, Adani Ports, Tata Steel, Indian Oil Corp

Nifty 

Current: 10,378 (fut: 10,375), Target: NA

Stop-long positions at 10,455. Stop-short positions at 10,295. Big moves could go till 10,250, 10,500. A long 10,300p (37), short 10,200p(18) could gain 15-20 if the index tests 

10,300.  

Bank Nifty 

Current: 25058 (fut: 25072)

Target: NA

Stop-long positions at 24,970. Stop-short positions at 25,200. Big moves could go till 25,400, 24,725. Trend remains down and short-covering will hit resistance at 25,250.  

Adani Ports 

Current price: Rs 394 

Target price: Rs 387 

Keep a stop at Rs 400 and go short. Add to the position between Rs 389 and Rs 390. 

Book profits at Rs 387. 

Tata Steel  

Current price: Rs 649

Target price: Rs 660

Keep a stop