<b>Today's picks:</b> 1 February, 2017

Nifty    
  

Current: 8,561    (fut: 8,586)   Target: NA

Stop-long positions at 8,500. Stop-short positions at 8,680. Big moves could go till 8,750, 8,425. A short 8,300p (51), short 8,800c (51) brings in 102. If the market doesn't move too much, it would be possible to reverse this with some profit.  

Bank Nifty       

Current: 19,515   (futures: 19,590) 

Target: NA  

Stop-long positions at 19,470. Stop-short positions at 19,710. Big moves could go till 20,000, 19,200. Extra volatility likely and this is a sensitive sector.

TCS