Daily Trading Tips..

• Buy ABB with intra-day target of Rs 790 and stop loss of Rs 755. The stock is currently trading at Rs 775.90, up 1.1% on the BSE.
• The market opens on a flat note, on the back of weakness in global markets. Earlier, the US markets ended lower while Europe closed mixed. Asian markets opened mixed and are trading in the negative territory. Sensex is trading at 16743, up 47 points from its previous close, and Nifty is at 4967, up 15 points. CNX Midcap index is up 0.2% and BSE Smallcap index is up 0.5%. The market breadth is positive with advances at 457 against declines of 247 on the NSE.
• Buy Gujarat Gas above Rs 230 with target of Rs 242-246 and stop loss of Rs 222. The stock last traded at Rs 231.55, up 3.1% on the BSE.   
• Buy Tata Motors with target of Rs 635 and stop loss of Rs 610. The stock last traded at Rs 618.90, down 0.4% on the BSE.
• Sell NMDC with intra-day target of Rs 415 and stop loss of Rs 440. The stock last traded at Rs 437.25, down 5.2% on the BSE.
• Sell Axis Bank at Rs 980 with intra-day target of Rs 965 and stop loss of Rs 990. The stock last traded at Rs 979.15, down 2.6% on the BSE.
• Short Cairn India November Futures below Rs 279 with target of Rs 275-273 and stop loss of Rs 282. The stock last traded at Rs 277.90, down 1.5% on the BSE.
• Buy HCL Technologies at Rs 333 with intra-day target of Rs 342 and stop loss of Rs 327. The stock last traded at Rs 333.75, up 3.8% on the BSE.
• Short Nifty November Futures below 4950 with target of 4890-4875 and stop loss of 4980.
• The market may witness a swing session this Friday the 13th. The Nifty could swing between 4850-5000. He advises traders to go short in the Nifty with target of 4870 and stop loss of 5000.