Stocks Tip For August 27, 2010.

Stocks Tip For August 27, 2010:

I think the market will have have a gap down opening and will fall tomorrow so I prefer to sell. So I have given only 1 buy call.

Buy:

1. MphasiS Ltd.

Entry Level: 616-618
Target: 623 - 628 and above
Stop Loss: 613


Sell:

1. DLF Ltd.

Entry Level: 317-319
Target: 315 - 312 and below
Stop Loss: 321 or as per your risk appetite.

2. Whirlpool of India Ltd.

Entry Level: 291-294 (NSE Closing: 292.90 / BSE Closing: 289.30)
Target: 288.50 - 285.50 and below
Stop Loss: 296.50 or as per your risk appetite.

3. Jubilant Foodworks Ltd.

Entry Level: 513-516
Target: 510 - 505 and below.
Stop Loss: 519 or as per your risk appetite.

4. McLeod Russel (India) Ltd.

Entry Level: 242.50 - 244.50
Target: 240 - 238 and below
Stop Loss: 247 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.