Trading Picks-June 26th

Market is expected to open with negative bias but expiry is expected touch above 7600 or close to 7600.Oil and gas companies,Auto companies  to be on major focus.Here we have few trading calls for you.

1.Buy Ashok Leyland for a target of 41 with stoploss of 38.Hold it for a short term positional of 45
2.Short Reliance Industries for a target of 1035 with stoploss of 1060
3.Short ONGC for a target of 425 with stoploss on 442
4.Buy Exide for a target of  148 with stoploss on 143.50
5.Buy Autoline ind for a target of  97 with stoploss on 89
6.Buy Crompton Greaves for a target of 207 with stoploss on 194.
7.Buy SCI for a target of 73 with stoploss on 67.
8.Buy FACT for a target of 43 with stoploss on 40
9.Short HPCL for a target of 404 with stoploss on 419
10.Short BPCL for a target of 566 with stoploss on 585.


Short Term Positional Calls

1.Buy Polaris for a target of 235
2.Buy Firstsource for a target of 50
3.Buy Union Bank for a target of 260


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