As the Market showing ups and downs in last some trading sessions, It is not a right time to make a long term position. We recommend that trade in small profit. Trade in Intra day positions and if you get 30-50 points up that will be right time to put out your self from the market.
In coming trading sessions there are some stock which can give good return to their investors these are-
SAIL saw a Hammer pattern in the weekly chart. Appearance of such a candlestick pattern in a down trend is bullish reversal pattern. The daily charts also indicate a formation of a higher closing which is another indicator of a possible trend reversal.

So we recommend-
Buy Steel Authority of India (SAIL) above 144
Target: 150-158 within 2-3 weeks, stoploss: 135.

We also recommend-
Buy JK Tyres and Industries above 97.50
Target: 105-111 within 1 week.




 


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