Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Financial Technologies                  : Buy for target of  102 with stop loss at  94

(2) H C C Ltd                                        : Buy for target of  23.20 with stop loss at 20.90

(3) Himadri Chemicals                        : Buy for target of  14.40 with stop loss at 13.10

(4) H O E C Ltd                                    : Buy for target of  32.90 with stop loss at 30.20

(5) ICICI Bank Ltd                                : SELL for target of  218 with stop loss at 239

(6) Jet Airways  Ltd                              : SELL for target of  608 with stop loss at 637

(7) Jain Irrigations                                : Buy for target 64.80 with stop loss at 60.10

(8) National Fertiliser                          : Buy for target of  29.60 with stop loss at  25.90

(9) PC Jwellers  Ltd                             : Buy for target of  434 with stop loss at 410

(10) YES Bank  Ltd                              : SELL for target of  656 with stop loss at 679


                                                             Trading Strategy

Indian market expected to start with GAP DOWN to FLAT 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 7241 ( on 20th Jan'16 ) which is the lowest level after 6th May'14 and Nifty had taken support at 7409 in last trading on yesterday .Nifty should respect 7390 levels now, so market participants should trade very carefully although the author feel that the Nifty should bounce back after consolidation as the Indian Share market is in OVER SOLD ZONE  ( As Per 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 7390 / 7320 level and resistance at 7470 / 7520 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.