Shares Trading Ideas : For Today

                                                       Shares Trading Ideas For Today

(1) Future Retail Ltd                      : Buy for target of  133.20 with stop loss at  126.70

(2) H M T Ltd                               : Buy for target of  40.60 with stop loss at 38.80

(3) H C C  Ltd                              : Buy for target of  20.10 with stop loss at 18.70

(4) HCL Technology                      : Buy for target of  874 with stop loss at 842

(5) I T I  Ltd                                  : Buy for target of  24.40 with stop loss at 23

(6) National Fertiliser                     : Buy for target of  29.20 with stop loss at  27.10

(7) R C F Ltd                                : Buy for target  39.20 with stop loss at 36.50

(8) S P I C  Ltd                             : Buy  for target of  21.40 with stop loss at  19.10

(9) Spicejet Ltd                             : Buy for target of  67.40 with stop loss at 62.20

(10) Tata Steel Ltd                        : Buy  for target of  273 with stop loss at 265


                                                             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 7308 yesterday and Nifty raised more than 2% which is the second 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 7320 / 7280 level and resistance at 7420 / 7460 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.