Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Aurobindo Pharma                     : Buy for target of  732 with stop loss at  715

(2) Canara Bank                              : Buy for target of  196 with stop loss at 188

(3) Fortis Healthcare                        : Buy for target of  187 with stop loss at 180

(4) GMR Infra Ltd                           : Buy for target of  12.25 with stop loss at 11

(5) H C C Ltd                                 : Buy for target of  20 with stop loss at 18.80

(6) IDBI Bank Ltd                           : Buy for target of  72 with stop loss at 65.80

(7) Kesoram Ind.                            : Buy for target  95 with stop loss at  86.80

(8) Magma Fincorp                         : Buy  for target of  84 with stop loss at 77

(9) O B C Ltd                                : Buy for target of  96 with stop loss at  89.50

(10) P N B Ltd                              : Buy for target of  89 with stop loss at 82


                                                             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 7517 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 7550 / 7510 level and resistance at 7630 / 7670 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.