Hello Diksha, can you give me some good trading tips for Monday 26 October. I do not want intraday, but only delivery stocks?

Trading calls in the current market can be taken at a macro level but will have to be very news specific. Not only are the Nifty almost close to peak levels, but valuations are also getting stretched. Here is what you can trade on Monday, 26 October.

· You can play the buyback story by buying NTPC at Rs.86 levels for short term targets of Rs.110. This is likely to happen at a higher price and we could see pre-buyback returns on the stock. The stock is also a good play on dividend yield terms.

· A dark horse in this market could be Adani Ports SEZ at Rs.362 for target levels of Rs.410 in 1-2 months. Port volumes have begun to pick up steam in the last few months and one big beneficiary of the trend will be Adani Ports.

· Let us also talk about exits where I have recommended stocks. I had given a list of exits on Friday. This week, you can watch for opportunities on Titan, Godrej Agrovet and Piramal Enterprises at slightly higher levels.

Most of the large IT results are out of the way and the next big trigger would be banking results, which are the real heavyweights in the index.