Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Bombay Dyeing  Ltd                  : Buy for target of  48.20 with stop loss at  45

(2) Bhushan Steel                             : Buy for target of  37.80 with stop loss at 34.80

(3) Century Textile                            : Buy for target of  493 with stop loss at 479

(4) Crompton Greaves                      : Buy for target of  151 with stop loss at 143

(5) D Link Ltd                                  : Buy for target of  133 with stop loss at 127

(6) DB Realty                                   : Buy for target of  45.20 with stop loss at 42.50

(7) F A C T Ltd                                : Buy for target  22.50 with stop loss at  19.80

(8) Mah. Seamless                           : Buy  for target of  141.40 with stop loss at  135.90

(9) N M D C Ltd                             : Buy for target of  95.50 with stop loss at  91.80

(10) Opto Circuits Ltd                      : Buy for target of  12 with stop loss at 10.70


                                                             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  bottom at 7460 in previous trading on Friday . Market participants should trade very carefully as the market may trade with volatility . The sentiments have been changed for buying after Union Budget and buying is coming strongly particularly by big player like FII also . The Author feel that the Nifty should continue the up trend after consolidation ( in hope of Interest Rate cut by RBI ) 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 7460 / 7420 level and resistance at 7570 / 7610 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 Buying at dips and Selling at any rise to remain strong with safe profit on the table, So market participants should Buy at any dip and should Sell the Bought positions at any sharp rise 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.