Hitendra Vasudeo

Buy Reliance Communications

Stock market analyst Hitendra Vasudeo of stockmechanics.com is of the Reliance Communicationsview that day traders can buy Reliance Communications stock above Rs 599 to achieve an intraday target of Rs 614.

The strict stop loss for the suggested counter is Rs 590. If the stock market remains on positive track, the next target for the day will be above Rs 620.

Jet Airways Intraday Buy Call

Stock market analyst Hitendra Vasudeo of stockmechanics.com has Jet Airwaysrecommended a ‘BUY’ on Het Airways stock with a target price of Rs 562 in today’s session.

Mr. Vasudeo said that interested day traders can purchase the stock above Rs 542 with a stop loss of Rs 530. If the stock market remains on positive track, the next target for the day will be above Rs 569.

Buy Cairn India

Stock market analyst Hitendra Vasudeo of stockmechanics.com has Cairn Indiasuggested traders to purchase Cairn India stock in today’s session.

According to him, the stock can be purchased above Rs 296 with a stop loss of Rs 292 to achieve an intraday target of Rs 307.

The stock could easily retest its next intraday target of about Rs 312, if the stock market remains positive.

Infosys Intraday Buy Call

As per views of Hitendra Vasudeo of stockmechanics.com, the day traders Infosys Technologiescan buy Infosys, as it is a brilliant option for intraday dealings.

Mr. Vasudeo said that the traders can purchase Infosys stock above Rs 1510 to achieve a target of Rs 1556. If the stock market remains positive, the next target for the day will be above Rs 1569.

The stop loss marked for the suggested stock is Rs 1490.

The stock has been recommended after analyzing its last performances, and the traders can achieve the said target on the back of brilliancy in the stock market.

Sell Reliance Energy

Stock analyst Hitendra Vasudeo of stockmechanics.com has suggested Reliance Energyinvestors to sell Reliance Energy stock below Rs 1200 with a stop Loss of Rs 1250 to achieve a target that lies between Rs 1140-Rs 1123.

Mr Vasudeo is of the view that investors should sell the stock today in order to avoid loss, as there are full chances of a downward trend in this stock.

He said that if the stock fell below Rs 1,150, it may see more weakness.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.

Tata Motors Intraday Buy Call

Stock market expert Hitendra Vasudeo, stockmechanics.com has suggestedTata Motors that Tata Motors stock can be purchased by day traders in today’s trading session above Rs 652 for achieving an intraday target of Rs 677.

If the stock markets remain on positive track, the next intraday target for the day is above Rs 684. The stop loss for the day is Rs 635.

Shares of the company, on Wednesday, closed up Rs 7.1, or 1.13% at Rs 634.55 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 49,782.

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