Today's picks: Asian Paints to Coal India, hot stocks to watch on Tuesday

Topics Today's picks | Asian Paints | ZEEL

Nifty

Current: 12,263  (fut: 12,276) 
Target: NA

Stop long positions at 12,175. Stop short positions at 12,350. Big moves could go till 12,075, 12,425. A long 12,200p (16), short 12,100p (6)  could gain 15-20 if the index breaks support at 12,200. 

Bank Nifty

Current: 32,336  (fut: 32,339) 
Target: NA

Stop long positions at 32,175. Stop short positions at 32,500. Big moves could go till 32,700, 31,975. Trend could go strongly negative. 

Asian Paints 

Current: Rs 1,808 
Target: Rs 1,840 

Keep a stop at Rs 802 and go short. Add to the position between Rs 785 and Rs 788. Book profits at Rs 782.

Coal India

Current: Rs 197  
Target: Rs 193

Keep a stop at Rs 199 and go short. Add to the position between Rs 194 and Rs 195. Book profits at Rs 193.

ZEEL 

Current: Rs 295   
Target: Rs 290 

Keep a stop at Rs 298 and go short. Add to the position between Rs 291 and Rs 292. Book profits at Rs 290. 
Target prices, projected movements in terms of next session, unless otherwise stated



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