<b>Today's Picks</b>: 23 February, 2017

Nifty, Bank Nifty, Reliance Industries, Coal India, NTPC

Nifty 

Current: 8,927 (fut: 8,920), Target: NA

Stop-long positions at 8,850. Stop-short positions at 9,000. Big moves could go till 9,025, 8,800. A long 8,900c (40), long 8,900p (20) has breakevens at 8,840, 8,960.

Bank Nifty 

Current: 20,868 (fut: 20,859), Target: NA

Stop-long positions at 20,750. Stop-short positions at 20,975. Big moves could go till 21,200, 20,500. Some upwards bias but likely to be a session without much volatility.

Reliance Industries

Current price: Rs 1,207, Target price: Rs 1,230 

Keep a stop at Rs 1,195 and go long. Add to the position between Rs 1,220 and Rs 1,225. Book profits at ~1,230.

Coal India