Nifty Future:

For the Month of February settlement, we could see two way swings in market. On upside 6325 could be resistance and on downside it should either take support around 5860 or at 5720.

February settlement to be treaded very carefully, as any shorts should be done only on pullback and buying at all visible support for a bounce.

From Mid February, SBI might lead the Banking sector rally and therefore one has to be careful in shorts for this settlement.

In Stock Future, HDFC could be an underperfomer and IT sector along with Oil companies might do well in this settlement.

Good Luck !!