Tuesday, October 12, 2010

Stock Picks For October 12, 2010.

Stock Picks For October 12, 2010.


Buy:

1. Jindal Photo Limited

Entry Level: 255 - 258
Target:  - 260 - 262 and above
Stop Loss: 252 or as per your risk appetite.



2. Supreme Infrastructure India Limited

Entry Level: 275 - 277
Target: - 279 - 281 and above
Stop Loss: 273 or as per your risk appetite.



3. Ackruti City Limited

Entry Level: 507 - 509
Target:  512 - 514 and above
Stop Loss: 504 or as per your risk appetite.



4. Britannia Industries Limited

Entry Level:  444 - 446
Target:  - 448 - 450 and above
Stop Loss:  441 or as per your risk appetite.


5. Raymond Limited

Entry Level:  391 - 393
Target:  - 395 - 397 and above
Stop Loss:  388 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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