Titan -Hot buy

For Monday trade buy Titan for the target of 950. No stop loss required.

Also on Monday go long on CNX - IT index with stop loss at 2200. You will get 200 points upside in 15 days time.

The following stocks can be bought for short term gains ( Duration a week to a month)

1. Bharat forge near 80.
2. Any IT stocks except Wipro
3.Hindalco
4.ONGC
5. Suzlon near 45
6. Unitech near 25.

Market seems to correct a little bit and resume uptrend till 3200. Hence it is advisable to look for oversold stocks to be on long side rather than over bought on short side.

We do have a list of stocks which can be short. But to be safe let us trade with the market trend. On short side, any FMCG stocks can be short.

Auto stocks need to be accumulated on downside reaction for good gains in a month time


Happy trading

Samm Inc

Note: We undertake classes on TECHNICAL ANALYSIS. For details contact us at nifty.magic@gmail.com

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