Sell IDFC Futures around 158.7 for target of 156 Intraday

Intraday Traders can sell IDFC Futures around 158.7 for intraday target of 156 and By Friday target of 151.

Alternatively one can buy PUT Option of Strike Price of 150 around 2.35 for target of 7 in a week time.

Pre Payment of Floating loans not to be penalised

The Reserve Bank of India on Monday directed non banking financial companies (NBFC) not to levy pre-payment penalties on floating rate term loans including housing, corporate, auto and personal loans. Earlier in May 2014 , the RBI had asked banks not to levy any penalty on such loans

Stock Calls on Monday 14 July 2014

Following are the stock calls of 14 July 2014 , investors and traders can take position in following and start booking profit when the target prices reaches.

• Buy Bharti Airtel around 327 for target 341 in one week time
• Buy Infosys around 3223 for target of 3450 in one week time
• Buy Tech Mahindra around 2035 for target of 2120 in one week time
• Buy Dish TV around 55 for target of 62 in two week time