Buy Tech Mahindra and HCL Tech Call , Today Wednesday 2 July 2014

Medium to low risk traders can buy the following IT companies Call options. As the IT stocks have fallen in last few days, and Infosys results just a week away, a rally can be seen in IT stocks in coming days.

1. Buy Tech Mahindra Call 2100 Strike around 30-33 for target of 60-70 in one week time.
2. Buy HCL Tech 1550 Call around 30-33 for target of 65-75 in one week time.

Even if the price falls in coming days say tomorrow or days after or even today one can accumulate more as , there is very high chance of IT stock going up in coming days.

One can put the stop loss around 20 in both around 15 of this month

Where is Indian Stock Market heading next week April 8, 2013, Momday

The Indian Stock market both NSE and BSE has very bad session this week with markets falling more than 2% and many stocks have fallen five to ten percent. The global market especially European markets have been beaten sharply. And on Friday European stocks DAX, CAC and FTSE were down more than two percent but US market recovered from their days low and closed almost flat. Which shows that US is in the mode of progression and Dow and Nasdaq will move higher in days to come.

So what we can conclude from this. Our own Indian Stock market , shall see gap down opening on Monday and will recover from days low and for the week we can see market moving up around 2-3%.

So what stock should be on our radar. Q4 Result will start flowing from next week.

Buy Hind Uni Lvr ( HUL ) ( Cmp 470 ) for the target of 490 next week.

Sell HCL Tech For target of 720  Cmp 758

Buy R Com for target of 72 Cmp 63

Buy dish Tv for target of 77 Cmp 70

Sell Hexware for target of 87 Cmp 91