Wednesday, September 29, 2010

Stock Picks For September 29, 2010.

Stock Picks For September 29, 2010.



Buy:

1. Aqua Logistics Limited

Entry Level: 628 - 631
Target:  - 634 - 637 and above
Stop Loss: 624.50 or as per your risk appetite.



2. BGR Energy Systems Limited

Entry Level: 772 - 774
Target:  - 778 - 781 and above
Stop Loss: 770 or as per your risk appetite.



3. UB Engineering Limited

Entry Level: 207 - 208
Target:  - 210 - 212 and above
Stop Loss: 205 or as per your risk appetite.


4. Timken India Limited

Entry Level: 159 - 160
Target:  - 161.50 - 163 and above

 Stop Loss: 157 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.

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