Stock Picks For January 05, 2011.

Stock Picks For January 05, 2011.

Buy:

1. Ahluwalia Contracts (India) Limited

Entry Level: 155-156
Target: - 157 - 158 and above
Stop Loss: 152 or as per your risk appetite.

2. CESC Limited

Entry Level: 375 - 376
Target: - 378 - 380 and above
Stop Loss: 372 or as per your risk appetite.

3. Jain Irrigation Systems Limited

Entry Level: 217 - 218
Target: - 219.50 - 221 and above
Stop Loss: 214 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.