Todays session has seen small signs of recovery in the metal space, albeit only heavy weights. Today I will be concentrating on two of them.

  1. TISCO:

A buy can be initiated on TISCO with a stop below 455(closing basis) with an initial target of 480.

Due to high volatility in the markets the stop loss has to be adhered to with discipline.

2.STERLITE

One can go long in STERLITE keeping a stop below 612 for an initial target of around 660.

Happy Trading!

Regards,
Anish Salat
Investment Academy
Blog: http://investmentacademy.wordpress.com/
E-mail: investmentacademy@yahoo.com, academyofinvestment@gmail.com