Business Standard

Today's picks: From Cipla to Bajaj Finserv, hot stocks to watch on Tuesday

Nifty, Bank Nifty, Hindustan Petroleum, Cipla and Bajaj Finserv

IPOs
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Devangshu Datta
Nifty 
 
Current: 10,512 (fut: 10,520), Target: NA
Stop-long positions at 10,425. Stop-short positions at 10,610. Big moves could go till 10,650, 10,400. A long 10,400p (84), short 10,300p (60) could gain 15-20 if the index drops below 10,450.  

Bank Nifty 
 
Current: 25,388 (fut: 25,376)
Target: NA
Stop-long positions at 25,250.  Stop-short positions at 25,500. Big moves could go till 25,750, 25,000. Trend may stay negative.  

Hindustan Petroleum 
 
Current price: Rs 213  
Target price: Rs 208
Keep a stop at Rs 216 and go short. Add to the position between Rs 209 and Rs 210. Book profits at Rs 208.

Cipla 
 
Current price: Rs 648
Target price: Rs 660
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