Daily Trading Tips..

• Buy Alstom Projects with target of Rs 544 and stop loss of Rs 526. The stock is currently trading at Rs 536, up 1.2% on the BSE.
• Buy Tata Motors at its support level of Rs 575 with stop loss of Rs 560. The stock is currently trading at Rs 604, up 1.7% on the BSE.
• Sell RCom with target of Rs 156 and stop loss of Rs 180. The stock is currently trading at Rs 165, down 2.4% on the BSE.
• Buy Pipavav Shipyard with intra-day target of Rs 62 and then 75-80 and stop loss of Rs 54. The stock is currently trading at Rs 57.95, up 2.8% on the BSE.
• The market opens on a quiet and uneventful note, in the steps of similar global cues. Earlier, the US markets closed flat after trading in a narrow range and Asian markets are looking mixed. Sensex is trading at 16456, up 15 points from its previous close, and Nifty is at 4885, up 3 points. CNX Midcap index is up 0.1% and BSE Smallcap index is up 0.4%. The market breadth is positive with advances at 373 against declines of 320 on the NSE.
• Go short in Ambuja Cements at Rs 88 with target of Rs 79 and stop loss of Rs 92. The stock last traded at Rs 84.40, up 2.2% on the BSE.
• Buy ITI with target of Rs 55 and stop loss of Rs 45.50. The stock last traded at Rs 48.95, up 14.9% on the BSE. 
•  Sell DLF with target of Rs 367 and stop loss of Rs 382. The stock last traded at Rs 377.75, down 3.2% on the BSE.
•  Sell RCom at Rs 169 with intra-day target of Rs 162 and stop loss of Rs 172. The stock last traded at Rs 169.05, down 2.9% on the BSE. 
•  Buy 4700 Put Option at Rs 57 with intra-day target of Rs 69 and stop loss of Rs 51.
• The market is interestingly poised at the moment and the Nifty needs to cross 4940 if the rally is to continue. Support for the Nifty at 4850.
• Buy Jaiprakash Associates at Rs 227 with intra-day target of Rs 233 and stop loss of Rs 220. The stock last traded at Rs 227.20, down 1.1% on the BSE.
• The market is in a consolidation mode at the moment. Start buying from 4850 levels and booking profits at 4925-4950. The momentum in the market is strong and it will show recovery from lower levels.