Business Standard

Today's picks: From ONGC to Tata Steel, hot stocks to buy on Tuesday

Nifty, Nifty Bank, ONGC, Tata Steel, Hindalco

(Photo: Kamlesh Pednekar)
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(Photo: Kamlesh Pednekar)

Devangshu Datta
Nifty
Current: 10,888 (fut: 10,924)
Target: NA
Stop-long positions at 10,825. Stop short-positions at 11,025. Big moves could go till 11,075, 10775. Trend seems negative. A long Feb 28 10700p (54), short 10600p (36) could gain 10-15 if the index
drops below 10,775.
 
Nifty Bank 
Current 27,228 (fut: 27,321)  
Target: NA
Stop long positions at 27,200. Stop short positions at 27,450. Big moves could go till 27,700, 26,975. Trend seems negative.
 
ONGC
Current price: Rs 138
Target price: Rs 134
Keep a stop at Rs 140 and go short. Add to the position between Rs 135 and

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