Today’s Top Trading Stock Picks - May 21

Posted by admin in Mid Term Picks, Trading on May 20th, 2010 | no responses

Currently Indian Stock Markets (inline with its global peers) are looking week and volatile as the European credit crisis and economic uncertainty continues to impact the markets worldwide. This is not a good market to stay long and investors can wait till this run stabilizes (probably in a couple of weeks) and then invest in good stocks for long term as there will be opportunities for bottom fishing.

Given below are the top trading stock tips recommended by Technical Analyst Ashwani Gujral for short term for today.

Source: MoneyControl.Com

Sell Cairn India with a stop loss of Rs 283 per share and target of Rs 258 per share.
Sell Aban Offshore with a stop loss of Rs 720 per share and target of Rs 600 per share.
Sell Jaiprakash Associates with a stop loss of Rs 121 per share and target of Rs 102 per share.
Sell Financial Tech with a stop loss of Rs 1,341 per share and target of Rs 1,263 per share.
Sell IVRCL with a stop loss of Rs 162 per share and target of Rs 146 per share.

These are not my personal recommendations. I am not responsible for your trading decisions.