Trading Ideas June 17th

Posted by Unknown on 19:46 with No comments
Markets may open lower.Immediate Support for nifty between 7475-7500.We are Bullish on Midcaps and Small caps after the smart recovery seen by them  yesterday.Following are the trading tips for today

1.Buy Jaypee Infra for a target of 34 with stoploss on 28.90
2.Buy Idea cellular for a target of 141 with Stoploss on 133.If market remains weak then hold it for 1-2 days.
3.Buy Reliance Communications for a target of  154 with stoploss on 143
4.Buy Alok Industries for a target of 16 with stoploss on 14.3
5.Buy Patel Engg for a target of 148 with stoploss on 130
6.Buy Tata TeleSevice for a target of 13 wirh stoploss on 11.1
7.Buy RCF for a target of 71 with stop loss on 60.
8.Buy Tata Power for a target of 109 with stoploss on 103.
9.Buy TCS for a target of 2360 with stoploss on 2250
10.Buy Infosys for a target of 3310 with stoploss on 3215


Since today market is expected to remain Volatile,We recommend you to trade with Strict Stoploss.