Stock Picks For September 28, 2010.

Stock Picks For September 28, 2010.

Buy:

1. Hindustan Oil Exploration Company Ltd.

Entry Level: 240 - 242
Target:  - 244 - 246 and above
Stop Loss: 239 or as per your risk appetite.

2. ORIENTAL BANK OF COMMERCE

Entry Level: 458 - 460
Target:  - 462 - 464 and above
Stop Loss: 455 or as per your risk appetite.

3. Welspun India Limited

Entry Level: 65.50
Target:  - 66.50 - 67.50 and above
Stop Loss: 64 or as per your risk appetite.

4. Neyveli Lignite Corporation Limited

Entry Level: 162.50 - 163.50
Target:  - 164.50 - 165.50 and above
 Stop Loss: 161.50 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.

Happy Trading!

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.