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Money May 23, 2012

Short or long? Intra-day trade picks for the day

By Firstbiz Staff

Here are your intraday stock picks for the day from various experts :

Vishal Kshatriya, Edelweiss Securities says to go short on two scrips. One can short on Rolta India at current market price with a stoploss above Rs 76.50 for target of Rs 68.50 and also short Educomp Solutions at current market price with stoploss above Rs 162 for target of Rs 135 per share.

Shardul Kulkarni, Angel Broking has two sell recommendations. One can sell Jet Airways at Rs 306-308 with a stoploss at Rs 316 for target of Rs 285 and TTK Prestige at Rs 3040-3060 with a stoploss at Rs 3126 for target of Rs 2800 per share.

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Sanjeev Agarwal, Dynamix Research & Capital has one buy and one sell call. He says to buy SBI at the current market price below Rs 1875 for target of Rs 2025 and to sell Sobha Developers below Rs 309 with a stoploss above Rs 321 for target of Rs 296 per share.

Aashish Tater, Fort Share Broking, has 4 buy recommendations. One can buy Arvind with a target of Rs 77 and keep a stoploss at Rs 75, buy Jaiprakash Associates with a target of Rs 62.50 and keep a stoploss at Rs 60.65, buy Tata Global with a target of Rs 108.80 and keep a stoploss at Rs 106.80, buy BHEL with a target of Rs 212 and keep a stoploss at Rs 208 per share.

Sharmila Joshi, Fairwealth Securities, also has 4 buy recommendations. He says to buy Opto Circuits with a target of Rs 180 and keep a stoploss at Rs 172.50, buy Mahindra Satyam with a target of Rs 74 and keep a stoploss at Rs 71, buy Shasun Pharma with a target of Rs 122 and keep a stoploss at Rs 118, buy TCS with a target of Rs 1,244 and keep a stoploss at Rs 1,212 per share.

Lancelot D Cunha, Sharyans Wealth Management has 3 buy calls and one short. One can buy Cox & Kings with a target price of Rs 147.90 and keep a stoploss at Rs 138, buy Dewan Housing with a target price of Rs 187.80 and keep a stoploss at Rs 175, buy Aurobindo Pharma with a target price of Rs 113 and keep a stoploss at Rs 107 and one can short Strides Arcolab with a target price of Rs 633.60 and keep a stoploss at Rs 690 per share.

Disclaimer: Views expressed above are that of various market experts only and Firstpost will not be held responsible for any investment decision based on the above recommendations.

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