Today's picks: From Cipla to HPCl, hot stocks to watch on Tuesday

Nifty       
Current: 11,438  (fut: 11,487) Target: NA
Stop-long positions at 11,400.  Stop-short positions at 11,575. Big moves could go till 11,350, 11,600. 
A long 11,400p (102), short 11,300p (73) will gain 15-20 if the index falls below 11,375.

Bank Nifty       
Current: 27,201  (fut: 27,340) Target: NA  
Stop-long positions at 27,175. Stop-short positions at 27,500. 
Big moves could go till 26,975, 27,750. Downtrend may continue.

Indiabulls Housing           
Current price: Rs 1,161
Target price: Rs 1,142
Keep a stop at Rs 1172 and go short. Add to the position between Rs 1,145 and Rs 1150. Book profits at Rs 1,142.

HPCL     
Current price: Rs 247 
Target price: Rs 242
Keep a stop at Rs 250 and go short. Add to the position between Rs 243 and Rs 244. 
Book profits at Rs 242.

Cipla   
Current price: Rs 668 
Target price: Rs 680
Keep a stop at Rs 663 and go long. Add to the position between Rs 675 and Rs 678. 
Book profits at Rs 680.
Target prices, projected movements in terms of next session, unless otherwise stated. 


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