Trading stock ideas by Ashish Kyal on Zee Business!

Below are the 5 stock strategies given by Ashish Kyal on Zee Business before the equity markets opened

1. LT

LT hourly chart:

Yesterday we witnessed weakness in LT and we are expecting that this will continue in coming trading sessions. One can sell LT on rallies at 1040 with the stop loss of 1060 and the target of 1000.

2. HPCL

HPCL hourly chart:

HPCL is one of the underperforming stocks. One can sell HPCL at CMP 232.40 with the stop loss of 240 and the target of 220.

3.Canara Bank

Canara Bank hourly chart:

Canara Bank is one of the weak stocks from banking space. One can sell Canara Bank at CMP271.20 with the stop loss of 285 and the target of 252.

4.NTPC

NTPC hourly chart:

NTPC is underperforming the overall market from last few trading sessions. One can sell NTPC atCMP 134.90 with the stop loss of 138 and the target of 130.

5.  Just Dial

Just Dial daily chart:

Just Dial is one of the outperforming stocks and its outperformance can continue in coming trading sessions. One can buy Just Dial at CMP 1490 with the stop loss of 1445 and the target of 1560.  

The above stocks were mentioned in morning on Zee Business and our views might have changed based on market movement. We also publish daily Equity Research Report which covers Nifty plus 3 stocks along with detailed chart and explanation. By subscribing to intraday advisory you can get this research absolutely FREE. To get a copy of the same write to us at    helpdesk@wavesstrategy.com or call us on +91 9920422202 /+91 22 8831358. For daily research visit www.wavesstrategy.com