Today's picks: From GAIL to Tech Mahindra, hot stocks to watch on Tuesday

Nifty 
Current: 11,922 (fut: 11,942)
Target: NA
Stop-long positions at 11,865. 
Stop-short positions at 12,025. 
Big moves could go till 12,100, 11,800. A long 11800p (82), short 11700p (56) could gain 10-15 if the index drops till 11,870.

Nifty Bank  
Current 31,034 (fut: 31,075)  
Target: NA
Stop-long positions at 30,925. Stop-short positions at 31200. Big moves could go till 31,350, 30,800. Trend uncertain and may have a negative bias. 

GAIL   
Current price: Rs 307 
Target price: Rs 302
Keep a stop at Rs 310 and go short. Add to the position between Rs 303 and Rs 304. 
Book profits at Rs  302. 

Tech Mahindra 
Current price: Rs 768
Target price: Rs 780
Keep a stop at Rs 762 and go long. Add to the position between Rs 775-Rs 778. Book profits at Rs 780.  

Bank of Baroda
Current price: Rs 118
Target price: Rs 115
Keep a stop at Rs 120 and go short. Add to the position between Rs 116-Rs 117. Book profits at Rs 115.  
Target prices, projected movements in terms of next session, unless otherwise stated


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