Shares Trading Ideas For Today
(1) Balrampur Chini : Buy for target of 90.60 with stop loss at 86.15
(2) Chennai Petro : Buy for target of 209 with stop loss at 197
(3) Cairn India : SELL for target of 121 with stop loss at 127
(4) I B Real Estate : Buy for target of 56.80 with stop loss at 52.80
(5) Indian Hotels : Buy for target of 124 with stop loss at 114
(6) Oil India Ltd : SELL for target of 351 with stop loss at 360
(7) O N G C Ltd : SELL for target 219 with stop loss at 227
(8) Reliance Infra : Buy for target of 536 with stop loss at 529
(9) Spicejet Ltd : Buy for target of 80.80 with stop loss at 75.80
(10) Tata Steel Ltd : Buy for target of 248 with stop loss at 236
Trading Strategy
Indian market expected to start with GAP UP to FLATTISH opening and Volatile with consolation 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 7443 which is slightly higher than 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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