Today’s picks: From HPCL to Wipro, hot stocks to watch on Tuesday



Nifty


Current: 10,524 (fut: 10,522)

Target: NA


Stop-long positions at 10,450. Stop-short positions at 10,600. Big moves could go till 10,650, 10,400. A long 10,300p (97), short 10,200p (76) could gain 10-15 if the index falls till 10,425.


Chart


Bank Nifty


Current: 25,732 (fut: 25,822)


Target: NA


Stop-long positions at 25,700. Stop-short positions at 25,850. Big moves could go till 25,400, 27,100. Trend is slightly biased towards negative, with resistance at 25,650.



Chart


Indiabulls Housing Finance


Current price: Rs 833


Target price: Rs 820




Keep a stop at Rs 840 and go short. Add to the position between Rs 821 and Rs 824. Book profits at Rs 820.



Chart


HPCL


Current price: Rs 233


Target price: Rs 228


Keep a stop at Rs 236 and go short. Add to the position between Rs 229 and Rs 230.


Book profits at Rs 228.



Wipro


Current price: Rs 324

Target price: Rs 330


Keep a stop at Rs 321 and go long. Add to the position between Rs 328 and Rs 329. Book profits at Rs 330.



Target prices, projected movements in terms of next session, unless otherwise stated

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