InvestorQ : Can you share some trading secrets for 10 September? What stocks should I buy for delivery trading?
Crowny Pinto made post

Can you share some trading secrets for 10 September? What stocks should I buy for delivery trading?

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diksha shah answered.
3 months ago
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Nifty closed 40 points lower but did show a bounce on 09 September. Banks are likely to remain under pressure while metals may do better on global demand. FIIs have been consistently selling and that is a worry. Here are some trading tips for you.

· Buy NMDC at Rs.92 for targets of Rs.120 in next 2 months. NMDC will benefit from a revival of demand from China dividend yield is still attractive.

· Reliance Industries could see a re-rating as the company embarks on monetizing its stake partially in the retail venture. RIL is likely to deploy these funds into the O2C venture including extraction. Buy at Rs.2165 for target of Rs.2250 in 1 month.

· As the macro situation gets more uncertain due to geopolitics, we could see a spurt in defence orders to Indian companies. Buy BEML at Rs.640 for upside targets of Rs.720 in one month time frame.

The border situation continues to remain tense and traders can expect some volatility on Thursday on account of weekly options settlement.
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