Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) H C C Ltd                               : Buy for target of  19.60 with stop loss at  18.10

(2) Hero MotoCorp                       : Buy for target of  2681 with stop loss at 2657

(3) JK Tyre Ltd                             : Buy for target of  78.70 with stop loss at 75.80

(4) Lakshmi Energy                        : Buy for target of  15.50 with stop loss at 13.90

(5) S B I Ltd                                  : Buy for target of  168 with stop loss at 159

(6) Siemens Ltd                              : Buy for target of  1045 with stop loss at  1010

(7) SKS Micro                               : Buy for target  514 with stop loss at 498

(8) Tata Power Ltd                          : Buy  for target of  61.10 with stop loss at 57.20

(9) Tata Motor ( DVR )                    : Buy for target of  248 with stop loss at 237

(10) TVS Motor Ltd                        : Buy  for target of  289 with stop loss at 281


                                                             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 7035 yesterday and Nifty raised more than 3% which is the BIGGEST one day gains after May'2009. 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 7160 / 7130 level and resistance at 7320 / 7360 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 sharp dips and Selling at any sharp rise to remain strong with safe profit on the table, So market participants should Buy at any sharp 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.