TRADING IDEAS FOR 22nd AUGUST FOR INDIAN STOCK MARKET

The opening will depend on the news flow from the UNITED STATES.  The market is either a gap up or a gap down for the last couple of  days. Traders  can  go  short  in  Aurobindo  PHARMA  with a  stop  loss  of  176  for a target of   160.

Trader  can  take  long  positions  in  JINDAL  STEEL  &  POWER  LTD  with a  stop loss of  217.  The target is 232.

If   the market opens with   a   major   gap   ignore   the   trade.The  DABUR  INDIA short  trade  given  for Mondays  trade  has  given  good  profit.

One can hold on to INFOSYS  3000  call / put  strategy  for  August..

In  the  case  of TITAN  INDUSTRIES  the  stop  loss  can  be  lowered  to 228.

For BHARTI AIRTEL September idea of 330 call  and  320 put  OPTIONS, you can hold the positions.

HAPPY TRADING !!