InvestorQ : Can you suggest me some good trading tips for 03 December for delivery purposes?
Arusha Ray made post

Can you suggest me some good trading tips for 03 December for delivery purposes?

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diksha shah answered.
3 months ago
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In the last few weeks, I have been asking to continuously book profits on opportunities so the overall holdings are not unwieldy. You can afford to wait on some of the stocks where there is more of short to medium term traction for the time being. For Thursday I suggest to add two stocks; viz. Bharti Infratel and Tata Chemicals. Here is why!

· You can seriously look to buy Bharti Infratel at around Rs.225 for targets of Rs.250-260 in 1 month time frame. You must be aware of the recent decision by Airtel to hike the stake in Infratel which will also be a positive. I stay positive on Infratel.

· Buy Tata Chemicals at Rs.427 for targets on the upside of Rs.460 in a time span of 1-2 months. You can buy the stock of Tata Chemicals after Tata Sons has hiked its stake in the company. Remember, this is now trading minus the salt business.

For the time being, the fear around peak margins appears to be unfounded and has not had any profound impact on markets. FPI flows continue to keep markets robust. We are in uncharted territory so keep 13,000 on the Nifty as the immediate support and use VIX below 22 as a signal to trade long in markets; especially to buy on dips.

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