Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Aurobindo Pharma                     : Buy for target of  832 with stop loss at 800

(2) DLF Ltd                                      : SELL for target of  93.50 with stop loss at 102.80

(3) GMR Infra                                  : SELL for target of  12.60 with stop loss at 13.80

(4) HDIL Ltd                                    : SELL for target of  66.80 with stop loss at 71

(5) I B Real Estate                            : SELL for target of  47.10 with stop loss at 52.90

(6) Jindal Sells                                 : SELL for target of  61.50 with stop loss at 65.80

(7) Kotak Mah. Bank                        : Buy for target 698 with stop loss at 657

(8) Maruti Suzuki                             : Buy for target of  4291 with stop loss at 4248

(9) SUN TV  Ltd                               : SELL for target of 364 with stop loss at 381

(10) Tinplate Ind. Ltd                       : Buy for target of  72.40 with stop loss at 65.80


                                                             Trading Strategy

Indian market expected to start with 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 made NEW low at 7427 which is the lowest level after 6th June'14.Nifty had again breached its previous week's low of 7556 Level and also managed to close well below this level  which is showing bearish tone of Nifty now. It means Nifty is heading towards to enter in BEAR Orbit for SHORT TERM  so market participants should trade very carefully although the author feel that the Nifty should bounce back in next week as the Indian Share market is in OVER SOLD ZONE  ( On the basis of Technical Analysis ). 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.

Now, Nifty have  support at 7400 / 7360 level and resistance at 7560 / 7640 level. Market participants should watch these level closely as Nifty will give a sharper move on either side after breaching the same. Its a market of selling at sharp rise and buying at any sharp dips to remain strong with safe profit on the table, So market participants should sell at any sharp rise and should cover the sold positions at any sharp dips to make nice profit in short term.  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.