Stocks Tip For August 24, 2010.

Stocks Tip For August 24, 2010.

Buy:

1. Gujarat Mineral Development Corporation Ltd.

Entry Level: 123-125

Target: 126.50 - 127.50 and 129 and above

Stop Loss: 121


2. Mahindra & Mahindra Ltd.

Entry Level: 620 - 624

Target: 629 - 633 and above

Stop Loss: 618 or as per your risk appetite.


3. Jubilant Organosys Ltd.

Entry Level: 351-354

Target: 357 - 359 - 362 and above

Stop Loss: 348 or as per your risk appetite.


4. Tata Global Beverages Ltd.

Entry Level: 115-117

Target: 118 - 119.50 and 120.50 and above.

Stop Loss: 113.50 or as per your risk appetite.

5. Power Finance Corporation Ltd.

Entry Level: 338-340

Target: 342 - 344.50 and above.

Stop Loss: 336 or as per your risk appetite.

6. Areva T&D India Ltd.

Entry Level: 298-300

Targets: 302 - 304 - 306 and above

SL: 294 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.


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.