How do I trade on 03 June on the NSE and BSE? Are there are any good stock tips for me to trade on Wednesday?

It is going to be an eventful day with a cyclone likely to hit Mumbai in the afternoon. That could make the markets a little jittery. Weak dollar could keep IT and pharma stocks under pressure as the US faces major protests across.

· Buy JSW Steel at Rs.190 for target of Rs.240 in one quarter. Chinese economy revival could lead to a spurt in steel demand and Indian demand could also pick up.

· It is time to accumulate SBI Cards at Rs.570 for targets of Rs.650 in one quarter. The moratoriums would be more than compensated for by higher credit card spends.

· Yesterday, Kotak Bank was suggested and stock was up 7%. Hold on to the stock for higher target levels of Rs.1500-1550 in one month time frame.

Overall sentiments are still bullish despite the 3200 points rally in Sensex. Cyclone landfall may be the only risk for Wednesday.