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<b>Today's picks:</b> 31 January, 2017

Nifty , Bank Nifty, Aurobindo Pharma, Tata Motors, and Tata Motors

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Devangshu Datta
Nifty

Current: 8,633    (fut: 8,658)   Target: NA
Stop-loss long positions at 8,595. Stop-short positions at 8,720. Big moves could go till 8,500, 8,755. Short-term trend unclear. A long 8,500p (85), short 8,400p (60) costs 25. It could gain 15-20 if the index corrects till 8,575.
 
Bank Nifty
      

Current: 19,585   (futures: 19,642)
Target: NA  
Stop-long positions at 19,520. Stop-short positions at 19,775. Big moves could go till 20,000, 19,300. Trend looks slightly bearish.  
 
Aurobindo Pharma 

Current price: Rs 695
Target price: Rs 685
Keep a stop at