CLICK HERE For Details TO SUBCRIBE FOR PREMIUM SERVICES.
Stocks Picks For August 30, 2010:
The US market closed in the green and european markets recovered late in the day to end in green. So, I think tomorrow our market should open in the green and recover some of the loss on Friday. Market sentiments can change later in the day so book partial profits as and when you get it. Below the stock picks for the day:
Buy:
1. MphasiS Ltd.
Target: 623 - 627 and above
Stop Loss: 612 or as per your risk appetite.
2. Escorts Ltd..
Target: 198.50 - 200 and above
Stop Loss: 192.50 or as per your risk appetite.
3. Sintex Industries Ltd.
Target: 359.50 - 362.50 and above
Stop Loss: 350.80 or as per your risk appetite.
4. GTL Ltd.
Entry Level: 422 - 424
Target: 427.50 - 430 and above
Stop Loss: 419.50 or as per your risk appetite.
Target: 427.50 - 430 and above
Stop Loss: 419.50 or as per your risk appetite.
5. Hanung Toys
Entry Level: 287- 290
Target: 292.50 - 295 and above
Stop Loss: 284 or as per your risk appetite.
Note: Keep booking partial profits and keep increasing the stop loss with every significant rise in the stock price or try to make the stop loss atleast your buying price. If a stocks opens high and reach the buy/sell level only in the second half of the day (after 12.30 PM), please do not initiate a trade.
Disclaimer: The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Traders should take decision using their own discretion. The calls are given after thorough study but is not guaranteed as to accuracy and completeness.
CLICK HERE For Details TO SUBCRIBE FOR PREMIUM SERVICES.
No comments:
Post a Comment