<b>Today's picks:</b> 9 February, 2017

Nifty, Bank Nifty, Sun Pharma, Bharti Infratel, Infosys

Nifty
Current:  8,769   (fut: 8,803)
Target: NA
Stop-long positions at 8,730. Stop-short positions at 8,875.
Big moves could go till 8,925, 8,675. A long 8,700p (43), short 8,600p (23) could gain 10-15 if the index falls below 8,750.
 
Bank Nifty    
Current: 20,245   (futures: 20,396)
Target: NA 
Stop-short positions at 20,500. Stop-long positions at 20,300.
Big moves could go till 20,100, 20,700. A correction is likely, given  the Reserve Bank attitude.
 
Sun Pharma
Current price: Rs 662  
Target price: Rs 650
Keep a stop at Rs 669 and go
short. Add to the position between Rs 653 and Rs 656. Book profits at Rs 650.
 
Bharti Infratel
Current: Rs 310  
Target: Rs 304
Keep a stop at Rs 313 and go
short. Add to the position between Rs 305 and Rs 307. Book profits at Rs 304.
 
Infosys
Current: Rs 937
Target: Rs 920
Keep a stop at Rs 945 and go
short. Add to the position between Rs 925 and Rs 930. Book profits at Rs 920.

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Target prices, projected movements in terms of next session, unless otherwise stated