Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Adani Power Ltd                     : Buy for target of  27.40 with stop loss at  25.90

(2) Aptech  Ltd                             : Buy for target of  57.20 with stop loss at 54.30

(3) Allahabad Bank                        : Buy for target of  45.70 with stop loss at 42.90

(4) Cairn India Ltd                         : Buy for target of  131 with stop loss at 122

(5) Cipla Ltd                                  : Buy for target of  551 with stop loss at 534

(6) H C C Ltd                                : Buy for target of  20.10 with stop loss at 17.90

(7) Himadri Chemicals                    : Buy for target 17.70 with stop loss at 15.90

(8) K R B L                                    : Buy  for target of  196 with stop loss at  186

(9) Motherson Sumi  Ltd                 : Buy for target of  250 with stop loss at 225

(10) Reliance Power  Ltd                : Buy  for target of  46.30 with stop loss at  43.50


                                                             Trading Strategy

Indian market expected to start with GAP UP  opening and  consolation for up side trading after opening today so please take your long positions at dips to make NICE gains in the day trading today. Nifty made higher side bottom at 7056 yesterday after bounced back from NEW low at 6869 in last trading session on Friday which is the lowest level after 9th May'14 so market participants should trade very carefully although the Author feel that the Nifty should continue the up trend after consolidation as the Indian Share market is still in OVER SOLD ZONE  ( As Per Technical Analysis ). 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 7090 / 7035 level and resistance at 7210 / 7240 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 with Consolidation trading session today .

Wish You Profitable trading.