Short term trading idea : Sell IDFC

IDFC (Close 154.45) : Sell below 156 with stop loss of 159 for target of 145.50 and 140.50.

Short term trading ideas : Sell GAIL

Gail (Close 382.75) : Sell below 385 with stop loss of 392, for target of 375 and 370.

Short term trading idea : Sell Reliance Infrastructure

Reliance Infra (cmp 555.20) : Sell Reliance Infra with stop loss of 580 for target of 510 and 482.

Short term trading idea : Sell Nifty

Nifty (Close 5600.05) : Sell Below 5602 with stop loss of 5621 for target of 5542 and if stays below 5447.

Short term trading idea : Sell Tata Steel

Tata Steel (Close 405.30) : Sell below 406 with stop loss of 410 for target of 397 and 380.

Short term trading idea : Sell Hindustan Unilever

Hindustan Unilever (Close 531.85) : Sell below 538.50 with stop loss of 547.50 for target of 522.50 , 513.50 and 498.

Short term trading idea : Sell Infosys

Infosys (Close 2564.50) : Sell Infosys below 2586 with stop loss of 2626 for target of 2524 , 2484 and 2425.

Short term trading idea : Sell Dr Reddy

Dr Reddy Lab (Close 1747.50) : Sell Below 1767 with stop loss of 1796 for target of 1719 1691 and 1644.

Disclaimer

Share trading is risky business and stock market investments can rise or decline. There is no implicit invitation or suggestion to trade in them. This blog is not substitute for detailed professional advice. 

All readers of this blog are advised to conduct their own independent research into individual stocks before making a purchase / sell decision. All information's given on this blog is largely based on technical analysis, which is highly dynamic in nature and relevant at a particular point of time. Readers of this blog are advised to pursue recommendations mentioned on this blog at their own risk and should first consult their Certified / Qualified Investment Advisor, when making any type of Investment decisions. 

We are not liable and take no responsibility for any loss that you may incur by trading / Investing on our recommendations. We may have positions in Shares / Stocks / Scripts / Strategies, etc featured on this blog.

Buy BHEL for Short term

BHEL (Close 200.50) : Buy above 201 with stop loss of 197.50 for target 214

Economic Calender September 2012

Key dates to watch:

• WPI inflation for August on 14th September 2012

• Q2 Advance Tax numbers on 15th September

• RBI mid quarter review on 17th September 2012

• IIP August on 12th October 2012

• RBI 2nd Quarter review on October 30th 2012

• Q2 GDP Estimates by CSO on 30th November 2012

Buy Bank Nifty at current levels

Bank Nifty (Cmp 10200) : Buy Bank Nifty above 10210 with stop loss of 10120 for target of 10394 and  10759.

Buy Nifty at current levels

Nifty (cmp 5429) : On june 04.06.2012 Nifty made a low of 4770 and on July 10.07.2012 made a high of 5348. On 30.07.2012 Nifty made alow of 5129 and on 23.08.2012 made a high of 5448. Now Nifty has a made a low of 5217 on 06.09.2012. Nifty is making Higher high's and higher low's.

Nifty can target 5450 and 5535 and if stays above 5535 can even go uptill 5600-5610 levels.