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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