Stocks Picks Given To Premium Members For September 8, 2010.

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Stocks Picks Given To Premium Members For September 8, 2010.

 

Buy:

1. MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD.

Entry Level: 618 - 620
Target: 625.50 - 630.50 and above
Stop Loss: 615 or as per your risk appetite.

2. Everonn Education Ltd.

Entry Level: 598 - 601
Target:  - 606 - 610 and above
Stop Loss: 595 or as per your risk appetite.

3. BGR ENERGY SYSTEMS LTD.

Entry Level: 847 - 849
Target:  - 854.50 - 859 and above
Stop Loss: 844 or as per your risk appetite.

Sell:

1. JINDAL STEEL & POWER LTD.

Entry Level: 705 - 708  (NSE Closing: 707.95 & BSE: 706.30)
Target:  - 700 - 696 and below.
Stop Loss: 711 or as per your risk appetite.

2. IDBI BANK LTD.

Entry Level: 126.50 - 128 
Target:  - 125.50 - 124.50 and below.
Stop Loss: 129.20 or as per your risk appetite.

3. BHARAT PETROLEUM CORPORATION LTD.

Entry Level: 759 - 761
Target:  - 754 - 750 and below.
Stop Loss: 764 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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