Stock Picks For October 04, 2010.

Stock Picks For October 04, 2010.

Buy:

1. Advanta India Limited

Entry Level: 463 - 466
Target:  - 468 - 470 and above
Stop Loss: 460 or as per your risk appetite.

2. Zuari Industries Limited

Entry Level: 834 - 836
Target:  840 - 844 and above
Stop Loss: 830 or as per your risk appetite.

3. Emami Limited

Entry Level: 468 - 470
Target:  - 472 - 474 and above
Stop Loss: 465 or as per your risk appetite.

4. Mcleod Russel India Limited

Entry Level:  243 - 244
Target:  - 245.50 - 247 and above

Stop Loss: 241 or as per your risk appetite.

5. Tata Metaliks Limited

Entry Level:  145 - 146
Target:  - 147 - 148 and above
 Stop Loss: 144 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.