Today's picks: From Tata Steel to PowerGrid, hot stocks to watch on Tuesday

Nifty Current: 10,094 (fut: 10,123) Target: NA Stop-long positions at 10,050. Stop-short positions at 10,200. Big moves could go till 10,000, 10,250. A long 10,100p (91), short 10,000p (59) could gain 15-20 if the index drops till 10,050.

Bank Nifty Current: 24,245 (fut: 24,339) Target: NA Stop-long positions at 24,225. Stop-short positions at 24,450.

Big moves could go till 24,650, 24,000. Trend remains negative but short-covering could be seen on Monday.

Tata Steel Current price: Rs 575 Target price: Rs 567 Keep a stop at Rs 580 and go short. Add to the position between Rs 568 and Rs 570. Book profits at Rs 567.

Ambuja Cements Current price: Rs 231 Target price: Rs 226 Keep a stop at Rs 233 and go short. Add to the position between Rs 227 and Rs 228. Book profits at Rs 226.

PowerGrid Current price: Rs 194 Target price: Rs 196 Keep a stop at Rs 192 and go long. Add to the position between Rs 194 and Rs 195. Book profits at Rs 196.

GET LIVE UPDATES ON MARKET