Shares Trading Ideas For Today
(1) Andrew Yule Ltd : Buy for target of 27.80 with stop loss at 26.15
(2) A. B. Nuvo Ltd : SELL for target of 2120 with stop loss at 2198
(3) GMR Infra : SELL for target of 13.20 with stop loss at 15.10
(4) H P C L Ltd : Buy for target of 894 with stop loss at 859
(5) ITC Ltd : Buy for target of 322.40 with stop loss at 310.80
(6) IDBI Bank Ltd : SELL for target of 65.20 with stop loss at 71.80
(7) Karnataka Bank Ltd : SELL for target 96 with stop loss at 109
(8) M R P L : Buy for target of 70 with stop loss at 64
(9) Reliance Com. Ltd : Buy for target of 82.40 with stop loss at 77.80
(10) Tata Steel Ltd : SELL for target of 238.20 with stop loss at 250.40
Trading Strategy
Indian market expected to start with GAP DOWN opening and Volatile trading after opening today so please take your long positions at dips and short positions at rise to make NICE gains in the day trading today. Nifty recovered yesterday after touching low at 7426 which is the lowest level after 15th July'14, it seems that market and Nifty should respect this level strongly but we advise to trade very carefully at present until the nifty able to cross and sustain above 7630 Level. Please do not initiate your trade if the STOP LOSS get triggered in opening of trading session as we are expecting an Volatile trading session with consolidation today .
Wish You Profitable trading.
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