(Check out the recommendation from Traders Corner)

ICICI Directs gives recommendation on the following stocks: Voltas, Canara Bank, NTPC and ACC.

Voltas: Buy the stock above Rs 162.70, target the price of Rs 165.70/167 and place a stop loss at Rs 161.20. Price above 20 days SMA price rise with volume.

Canara Bank: This stock should be bought at when it is above Rs 532, target the price of Rs 541/544.50 and place a stop loss at Rs 527. 14 period RSI in buy mode and Higher top and higher bottom on daily.

NTPC: Sell the stock below Rs 185 with a target price of Rs 182/180 and a stop loss at Rs 186.70. Taking resistance from 200 days SMA and trendline resistance joining previous top.

ACC: Sell the stock below Rs 953 with a target price of Rs 941/935 and a stop loss at Rs 959. Price below 5 day EMA and RSI in sell mode.

StockTipsInfo recommends to buy Sasken Communciation Technologies around 133.50; while the target price is Rs 137-140. Place a stop loss at Rs 132.

The website, Technicalanalysisofstocks recommends Educomp with a target price of Rs 415 and a stop loss at Rs 392. The 13 days moving average curve crossed. Also, RSI curve crosses the oversold zone.

Parag Doctor, AVP - Technical Analyst, Motilala Oswal Securities, suggested the following stocks in Economic Times.

Tata Motors: Here the recommendation is to sell the stock with a target price of Rs 610 and a stop loss at Rs 525. The stock has corrected from a high of Rs 725 in April 2011 to a low of Rs 525 in June 2011. The stock has a strong support around Rs 500 from where the breakout had taken place about a year ago. The RSI is also recovering from the oversold zone.

Central Bank: This banking stock has been recommended as buy with a target price of Rs 145 and a stop loss at Rs 119. The stock has formed a double bottom at Rs 110 on monthly charts after correcting sharply. The stock has shown strength by breaking out above the immediate resistance at Rs 120 and crossing the 50-DMA. The stock is expected to gradually move up to the long-term 200-DMA.

JSW Steel: It also has a recommendation of buy with a target price f Rs 980 and a stop loss at Rs 840. The stock has corrected by around 50% from the October 2010 high ofRs 1,400 to the February 2011 low of Rs 750. The stock is taking support around Rs 850 and the oscillators have started moving up from the oversold zone. The stock should move up to the June 2011 high of Rs 980.

Bharti Airtel: Doctor recommends a buy on this telecom stock with a target price of Rs 428 and a stop loss at Rs 362. The stock has been an outperformer recently and has pulled back in the past few days to around the 50-DMA support at Rs 380. The stock is expected to resume its upward momentum and move to the 52-week high at Rs 428.

Ranbaxy Labrotaries: There is a sell recommendation on this pharma stock by Doctor. The target price set here is Rs 500 and a stop loss at Rs 545. The stock has moved up sharply in the month of May 2011 from a low ofRs 414 to a high of Rs 555. Thereafter, the stock faced selling pressure in the month of June and is expected to fall to Rs 500, where support should emerge from the 50-DMA.

The 9 stocks that FirstPost has recommended as the stocks to track for the day: Ashok Leyland, Century Textile, Muthoot Finance, Pantaloon Retail, Orchid Chemicals, IRB Infrastructure Developers, Divis Laboratories, GVK Power and Tata Motors.

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