Stock Picks For January 3, 2011.
Stock Picks For January 3, 2011.
Buy:
1. Pantaloon Retail (India) Limited
Entry Level: 366 - 368
Target: - 370 - 372 and above
Stop Loss: 363 or as per your risk appetite.
2. Steel Strips Wheels Limited
Entry Level: 336 - 338
Target: - 340 - 342 and above
Stop Loss: 331 or as per your risk appetite.
3. Opto Circuits (India) Limited
Entry Level: 268 - 270
Target: - 272 - 275 and above
Stop Loss: 264 or as per your risk appetite.
4. ABG Shipyard Limited
Entry Level: 419 - 421
Target: - 424 - 426 and above
Stop Loss: 416 or as per your risk appetite.
5. Tata Chemicals Limited
Entry Level: 393 - 395
Target: - 397 - 399 and above
Stop Loss: 389 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.
Stock Picks For January 3, 2011.
Buy:
1. Pantaloon Retail (India) Limited
Entry Level: 366 - 368
Target: - 370 - 372 and above
Stop Loss: 363 or as per your risk appetite.
2. Steel Strips Wheels Limited
Entry Level: 336 - 338
Target: - 340 - 342 and above
Stop Loss: 331 or as per your risk appetite.
3. Opto Circuits (India) Limited
Entry Level: 268 - 270
Target: - 272 - 275 and above
Stop Loss: 264 or as per your risk appetite.
4. ABG Shipyard Limited
Entry Level: 419 - 421
Target: - 424 - 426 and above
Stop Loss: 416 or as per your risk appetite.
5. Tata Chemicals Limited
Entry Level: 393 - 395
Target: - 397 - 399 and above
Stop Loss: 389 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.