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<b>Today's picks: </b> 7 February, 2017

Stop-long positions at 8,750. Stop-short positions at 8,880

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Devangshu Datta
Nifty       
 
Current: 8,801   (fut: 8,815) Target: NA
Stop-long positions at 8,750. Stop-short positions at 8,880. Big moves could go till 8,950, 8,675. A long 8,900c (49), short 9,000c (22) could gain 15-20 if the 8,900 mark is hit.

Bank Nifty      
 
Current: 20,371  (futures: 20,427) 
Target: NA  
Stop-long positions at 20,300. Stop-short positions at 20,550. Big moves could 
go till 20,750, 20,075. Uptrend remains 
in force.   

Ambuja Cements    
       
Current price: Rs 240 
Target price: Rs 245
Keep a stop at Rs 237 and go long. Add to the position between Rs 243