Today's picks: From M&M to Coal India, hot stocks to watch today

Nifty, Bank nifty, Mahindra & Mahindra, Coal India, UltraTech

Nifty      
Current: 10,772 (fut: 10,788) Target: NA
Stop-long positions at 10,710. Stop-short positions at 10,850. Big moves could go
till 10,925, 10,675. A long 10,700p (42),
long 10,900c (25) offset by short
11,000c (8) , short 10,600p (23) has break-evens at 10,934, 10,666.
 
Bank Nifty      
Current: 26,557   (futures: 26,612)
Target: NA 
Stop-long positions at 26,500.
Stop-short positions at 26,725. Big moves could go till 26,950, 26,300. trend is hard to read. Support at 26,250, resistance at 26,850.
 
Mahindra & Mahindra         
Current price: Rs 904
Target price: Rs 920
Keep a stop at Rs 895 and go long. Add