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<b>Today's picks:</b> 16 February, 2017

Nifty, Bank Nifty, ITC, Sun Pharma, BPCL

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Devangshu Datta
Nifty 
 
Current: 8,725 (fut: 8,749), Target: NA
Stop-loss long positions at 8,675. Stop-short positions at 8,825. 
Big moves could go till 8,625, 8,850. A long 8,700p (43), short 8,600p (20) could gain 10-15 if the futures falls below 8,675.

Bank Nifty 
 
Current: 20,164 (fut: 20,216)
Target: NA
Stop-loss long positions at 20,100. Stop-short positions at 20,325. Big moves could go till 20,550, 19,875. Trend seems to be bearish.

ITC
 
Current price: Rs 273 
Target price: Rs 278 
Keep a stop at Rs 270 and go long. Add to the position between Rs 275 and Rs 277. 
Book profits at Rs 278

Sun Pharma 
 
Current price: Rs