IDFC
Current Price: Rs 193,
Target Price: Rs 200
The stock may have just completed a nine-session correction that pulled it back from Rs 215 to Rs 182. It could have an upside till Rs 200-201. Keep a stop at Rs 190 and go long. Increase the position between Rs 195 and Rs 196. Start booking profits above Rs 200.
SUZLON
Current Price: Rs 52,
Target Price: Rs 55
The stock appears to have bottomed at support in the Rs 51-52 zone. It could bounce back till around the Rs 55 mark if there's some more short-covering before the settlement. Keep a stop at Rs 51 and go long. Increase the position between Rs 53.5 and Rs 54. Start booking profits above Rs 55.
WIPRO
Current Price: Rs 418,
Target Price: Rs 430
The stock bottomed at Rs 395-400 and bounced on strong volumes. It has potential upside till Rs 430. But another drop below Rs 413 could take it back to Rs 400. Keep a stop at Rs 414 and go long, Increase the position between Rs 423 and Rs 424 and book profits above Rs 430. If Rs 414 is broken, consider going short with a target of Rs 400 and a stop loss at Rs 418.
(The target price and projected movements given above are in terms of the next one trading session, unless otherwise stated)