Stock Picks For October 26, 2010.

Stock Picks For October 26, 2010.

Buy:

1. Surya Pharmaceutical Limited

Entry Level: 289 - 291
Target:  - 294 - 297 and above
Stop Loss: 286.50 or as per your risk appetite.

2. Hikal Limited

Entry Level: 439 - 441
Target: - 444 - 446 and above
Stop Loss: 436.50 or as per your risk appetite.

3. BGR Energy Systems Limited

Entry Level: 781 - 783
Target: - 786 - 789 and above
Stop Loss: 778 or as per your risk appetite.

4. Transformers And Rectifiers (India) Limited (Buy in BSE)

Entry Level: 383 - 385
Target: - 387 - 389 and above
Stop Loss: 380 or as per your risk appetite.

5. JMC Projects (India) Limited

Entry Level: 208 - 209
Target: - 211 - 213 and above
Stop Loss: 206 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.