Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Adani Power  Ltd                    : Buy for target of  29.20 with stop loss at  26.20

(2) CONCOR  Ltd                       : Buy for target of  1165 with stop loss at 1121

(3) Dish TV  Ltd                            : Buy for target of  71.70 with stop loss at 68.20

(4) ICICI Bank Ltd                       : SELL for target of  182 with stop loss at 190

(5) Jain Irrigation Ltd                     : Buy for target of  57.70 with stop loss at  53.60

(6) Just Dial Ltd                             : Buy for target of  560 with stop loss at  547

(7) O N G C Ltd                           : Buy for target  217 with stop loss at 203

(8) Reliance Power Ltd                  : Buy  for target of  45.90 with stop loss at  42.90

(9) Reliance Infra Ltd                      : Buy for target of  417 with stop loss at 408

(10) Smartlink Network                  : Buy  for target of  85.50 with stop loss at  77.80


                                                             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 7009 yesterday and closed nearer to this lower 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 7000 / 6960 level and resistance at 7070 / 7130 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.