Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Dish TV  Ltd                            : Buy for target of  74.20 with stop loss at  71.20

(2) ITI   Ltd                                   : Buy for target of  25.30 with stop loss at  24

(3) Infosys  Ltd                              : Buy for target of  1146 with stop loss at 1102

(4) JK Paper Ltd                            : Buy for target of  44.30 with stop loss at 41.90

(5) M T N L                                  : Buy for target of  17.30 with stop loss at 16.10

(6) Orient Green Power                  : Buy for target of  11.90 with stop loss at 10.90

(7) Reliance Infra Ltd                     : Buy for target  422 with stop loss at 404

(8) Sumeet Ind. Ltd                        : Buy  for target of  11.90 with stop loss at  10.90

(9) TexRail  Ltd                              : Buy for target of  141 with stop loss at 132

(10) UCO Bank Ltd                      : SELL  for target of  29.50 with stop loss at  32.60


                                                             Trading Strategy

Indian market expected to start with GAP DOWN to FLAT  opening and  consolation for up side 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  bottom at 7127 yesterday and bounced back strongly from this lower level and was able to close above 7200 level . Market participants should trade very carefully as the market may trade with volatility due to selling pressure particularly by big player like FII ,  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 7130 / 7070 level and resistance at 7210 / 7250 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 for up side trading session today .

Wish You Profitable trading.