Stock Picks For January 04, 2011.

Stock Picks For January 04, 2011.

Buy:

1. Voltas Limited

Entry Level: 225 - 227
Target: - 228.50 - 230 and above
Stop Loss: 222 or as per your risk appetite.

2. Deepak Fertilizers and Petrochemicals Corporation Limited

Entry Level: 167 - 168
Target: - 169 - 170 and above
Stop Loss: 163 or as per your risk appetite.

3. Pantaloon Retail (India) Limited

Entry Level: 373 - 375
Target: - 377 - 379 and above
Stop Loss: 369 or as per your risk appetite.

4. IL&FS Transportation Networks Limited

Entry Level: 299 - 301
Target: - 303 - 305 and above
Stop Loss: 296 or as per your risk appetite.

5. Sadbhav Engineering Limited

Entry Level: 123 - 124.50
Target: - 125.50 - 126.50 and above
Stop Loss: 121 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.