Today's picks: From Power Grid to Bharti Airtel, hot stocks to watch today

Nifty 
Current: 11,470 (fut: 11,484), Target: NA
Stop-long positions at 11,400. 
Stop-short positions at 11,555. Big moves could go till 11,605, 11,350. 
A long 11,600c (55), long 11,300p (57) can be offset with short 11,700c (29), short 11,200p (40). The breakevens are at 11,257, 11,643.

Bank Nifty 
Current: 28,320 (fut: 28,345) 
Target: NA
Stop-long positions at 28,200. Stop-short positions at 28,500. Big moves could go till 28,650, 28,000. Trend still has positive bias.

Larsen & Toubro 
Current price: Rs 1,275 
Target price: Rs 1,255 
Keep a stop at Rs 1,285 and go  short. Add to the position between Rs 1,260 and Rs 1,265. Book profits at Rs 1,255.

Bharti Airtel 
Current price: Rs 367
Target price: Rs 373
Keep a stop at Rs 363 and go  long. Add to the position between Rs 371 and Rs 372. 
Book profits at Rs 373

Power Grid   
Current price: Rs 193 
Target price: Rs 189
Keep a stop at Rs 195 and go  short. Add to the position between Rs 190 and Rs 191. 
Book profits at Rs 189.
Target prices, projected movements in terms of next session, unless otherwise stated




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