Today's picks: From BPCL to Cipla, hot stocks to watch on Wednesday

Nifty
Current: 11,067 (fut: 11,097)
Target: NA
Stop-long positions at 11,000.
Stop-short positions at 11,175. Big moves could go till 11,250, 10,950. A long 11,000p (32), long 11,200c (22) has breakevens at 11,254, 10,946 with 2 sessions to go.

Bank Nifty
Current: 25,330 (fut: 25,390)Target: NA
Stop-long positions at 25,200.
Stop-short positions at 25,450. Big moves could go till 25,000, 25,750. Trend could go negative again.

Indiabulls Hsg
Current price: Rs929
Target price: Rs945
Keep a stop at Rs920 and go long. Add to the position between Rs939 and Rs942.
Book profits at Rs945.

BPCL
Current price: Rs364
Target price: Rs359
Keep a stop at Rs367 and go short. Add to the position between Rs360 and Rs361.
Book profits at Rs359.

Cipla
Current price: Rs662
Target price: Rs675
Keep a stop at Rs656 and go long. Add to the position between Rs669 and Rs672.
Book profits at Rs675.

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