1. It is highly probable that action in coming days will be visible in select stocks namely power, capital goods and infrastructure and thus we must take benefit by holding these stocks for small duration and thus one can classify this type of trading as swing trading to make money from the share market of India. Thus be ready with the cash to deploy in market but be also ready to take the money off the table as and when 10-15% returns are available in a short duration. It is better tohave lesser profit as state of market changes if Nifty breaks 2850 level on the lower side.

2. Stocks which are likely to see action in coming days are NTPC, BHEL, L&T, GMR Infrastructure and Punj Lloyd. One can buy NTPC with a stop loss of Rs 150. One can see NTPC achieving target of Rs 190 in short duration.

3. Shipping sector is also seeing action and thus Mercator Lines is a worth while candidate which has started moving up and by the end of month we may see the stock achieving the target of Rs 35-36. As a disclosure I am holding this stock.

4. Auto sector is in limelight by virtue of auto fiscal package and the best among the lot is Mahindra & Mahindra and stock can touch the Rs 400. However maintain a stop loss of Rs 235 for the stock.

5. Another stock worth while accumulating is Jubilant Organosys which can give an appreciation of 30% in a year time frame.

6. Even Astra Micro can be considered for buying for an appreciation of 50% in a year.

7. High risk high returns stocks include RPL , IFCI and RNRL . However buy RPL above Rs 85 only.