Today's picks: YES Bank to Eicher Motors, hot stocks to watch on Thursday

For YES Bank, keep a stop at 36 and go short

Nifty
 
Current:
12,201 (Fut: 12,227)  
Target: NA
 
Stop long positions at 12,125. Stop short positions at 12,325. Big moves could go till 12,400, 12,000.  Some profit-booking likely today. A long Feb 20, 12,100p (38) versus a short 12,000p (20) could gain 10-15 if the index react to 12,100 level.
 
Bank Nifty
 
Current:
31,492 (Fut: 31,563) Target: NA
 
Stop long positions at 31,400. Stop short positions at 31,700. Big moves could go till 31,900, 31,150. Trend could be biased down. A long Feb 20 31,200p (140), short 31,000p (94) could double in value if the