Markets to see range bound trade in the short trading session for today. U.S markets saw a strong bout of profit booking in the last one hour of trade to finish in the red. Tech stocks were weak and compounded the selling.
With hardly any institutional participation today, expect mid cap 'high beta" stocks to play up with sectorial themes dominating.
This week, the theme has been tyre and shipping related stocks on the back of rise in the Baltic Freight Index. Reality could be the outperformer for today
Trading calls for today by Sanjeev Bhasin:
1. Buy DLF with target of 179 and stop-loss of 166
2. Buy HDIL with target of 52 and stop-loss of 46.5
3. Buy India Bulls Real Estate with arget of 54 and stop-loss of 50.75
4. Sell Infosys with target of 3255 and stop-loss of 3365
5. Sell TCS with target of 2034 and stop-loss of 2167
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
