Here is a list of top two trading ideas and strategies from Devang Shah of Sharekhan for the coming week
One should be stock specific & follow the trend with stop loss levels till it reverses
One should watch out market behaviour around these crucial levels able to hold these levels
Medium term outlook for the market remains positive till Nifty trades above 6,825
Expecting target of 7,980 levels in short term & further above 8,335-8,650 levels in medium term
Short term out look for the market remains still positive till nifty trades above 7582 levels
7,424 levels on Nifty & 24,450 levels on sensex are strong support for short term