Reliance Securities has recommended Canara Bank and TCS as intraday picks for today:

The broking said, ''Short position can be initiated in Canara Bank in Rs 272-274 range for target of Rs 260 with a strict stop loss of Rs 276. Traders are advised to avoid early morning whipsaw.''

On TCS,the stock broker said, ''Long position can be initiated only in Rs 2,580-2,570 range for target of Rs 2,630 with a strict stop loss of Rs 2,560. Traders are advised to avoid early morning whipsaw.''

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