Buy Tata Steel for a target of 500/550

Buy Tata Steel around 466, for targets of 500 and 550

Sell GIC Hsng Fin, LIC Hsng Fin, ShriramTrsnport

 Sell LIC Housing Finance, GIC Housing Finance, Shriram Transport. These stocks are not performiing as per our expectation.

Buy HDFC Bank for a target of 360

Buy HDFC Bank around 319 for a target of 360.

Buy Kotak Bank for targets of 655/700

Kotak Bank has finished its consolidation phase; also its broken out of the ascending triange. Its also trading at its 52-week high.
Traders can buy it around 580 for a targets of 655 and 700.

Buy Powergrid for a target of 120/128

Powergrid is moving up very smartly and is above its 52-week high. It can be bought around 113 for  a targets of 120 and 128.

Buy Tata Global Beverages for a target of 120-130

Buy Tata Global beverages around 119 for a target of 120-130

Buy UCO Bank for a target of 92-110

UCO Bank has given a buy signal after consolidating for a while Once can buy it around 84 for a target of 92/110

Change in TRADING STYLE

Upto now - recommendations were given in Investment grade stocks - which were fundamentally good. But from now on - many Trading grade stocks have been included in the list - these stock have high volume and maximum price range of Rs.500 - which makes them very popular among the trader community.

Short term trading picks will be given in these stocks.

Happy trading!

Buy GIC Housing Finance for a target of 109

Buy GIC Housing Finance around 89, for a target of 109.

Sell Coal India around 340

Investors holding Coal India can sell it with minor profits around 340. The stock is below its 200DMA of 345 and may face some resistance around these levels.

Buy REC for a target of 284

REC has made a pendant and broken out of it. Its also bounced back from its support levels of 190. The stock can be bought around 227 for a target of 284.

Buy HDFC Bank for initial target of 570-575

HDFC Bank is looking strong on the charts. Its in an uptrend. Investors can buy it around 526 for an initial target of 570-575.