We recommend a buy in Aries Agro from a short-term perspective
Buy around 116.50 to 117.10 with Sl of 111 for a Target of 126 to 128.50
Sell banks for today
Airlines will be in focus as public sector oil companies have slashed the ATF prices by 16%. Reports suggest that none of the airlines are ready to cut air fares as they are still suffering badly. Auto and cement companies will hog the limelight as they release their monthly sales figures. Auto sales are expected to be under pressure. Resurgere Mines & Minerals will make its debut today. Its IPO was subscribed just 1.2times. The issue price is Rs 270 per share
Sell DLF Sept Fut below Rs 477
View: Bearish
Strategy: Short Future
Target 1: Rs 469
Target 2: Rs 460
Stop Loss : Rs 482
Market Lot: 400