Wednesday, February 24, 2010

Trading Ideas - 25/02/2010 - Previous disclaimers apply !

The markets have been lackluster refusing to give a clear direction for both the investors and the traders. However we believe that an accurate tone will be set for the markets starting tomorrow. Having said that following are the stock trading ideas for tomorrow:


  • ·         Adani Enterprise – Buy at 490 for a target of 497 (1.5% trading gain)
  • ·         DLF – Buy at 288 for a target of 293 (1.7% trading gain) - Target Hit !!
  • ·         HUL – Short at 241.9 for a target of 237 (2% trading gain) - Target Hit !!

There are a lot of stocks that look attractive to buy at their current levels. Hence we advise you to close your short positions or hedge them with Nifty Calls. Do not have naked short positions in the market.

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