Today's picks: Tata Steel to YES Bank, hot stocks to watch on Wednesday

Nifty, Bank Nifty, Tata Steel, YES Bank

Nifty      
Current: 11,738  (fut: 11,757) Target: NA
Stop-long positions at 11,675.
Stop-short positions at 11,825.
Big moves could go till 11,625, 11,900. A long 11700p (19), long 11,800c (17) work gain if the index moves outside 11,664, 11,836 by Thursday.  
 
Bank Nifty      
Current: 28,269  (futures: 28,313)
Target: NA 
Stop-long positions at 28,175. Stop-short positions at 28,450. Big moves could go till 27,950, 28,725. Profit booking seems a little more likely than a continuing uptrend.
 
Tata Steel         
Current price: Rs 590
Target price: Rs 598
Keep a stop at Rs 585 and go long. Add to the position between