All About Intraday Stocks

Stock Picks For August 5, 2010:

BUY:


1: Ackruti City Ltd:

CMP: 515.35
Target: 522 - 525 - 530
Stop Loss: 510 or below or as per your risk appetite.

Comment: You can carry forward the position if it closes above 525 tomorrow. But intraday targets as mentioned above.


2. Hinduja Ventures:

CMP: 379.45
Targets: 384 - 390 - 399
Stop Loss: 370 or below or as per your risk appetite.


Comment: You can carry forward the position if it closes above 387 tomorrow. But intraday targets as mentioned above.


3. Jay Shree Tea & Industries Ltd:

CMP: 316.15
Targets: 323 - 330 - 341
Stop Loss: 312


4. Indiabull Financial Services:

CMP: 169.90
Target: 174 - 177 - 180
Stop Loss: 162


Sell:


1. V-Guard Industries Ltd (Sell).

CMP: 154.10 (Sell at every rise above cmp)
Target: 150 - 146 - 140
Stop: As per risk appetite.

Comment: Over-bought.



2. Prime Focus (SELL):

CMP: 469.80 (Sell at every rise above cmp)
Target: 461 - 455 - 448
Stop loss: As per risk appetite.


Comment: Over-bought.

Disclaimer: I too trade in these stocks.

Stock Picks For August 9, 2010.


Buy:

1. Tata Chemicals

2. IBN 18

3. Pantaloons

4. IOC

5. Aban Offshores


Sell:

1. Prime Focus

2. Essar Shipping

3. Ackruti

Stock Picks For August 10, 2010.

Buy:

1. OnMobile Global Ltd. (Also a Good Short Term Pick)

2. IBN18

3. Educomp

4. Sesa Goa

5. Mphasis

6. Areva T&D India Ltd. (Also a Good Short Term Pick)

7. Hanung Toys & Textiles Ltd.

Stock Picks For August 11, 2010.


Buy:

1. EIH Ltd

2. Pratibha Industries Ltd. (Short-term pick)

3. Heidelberg Cement India Ltd

4. Indian Oil Corporation Ltd.

5. Sesa Goa Ltd.

6. Gail


Sell

1. Hexaware.

Stock Picks For August 12, 2010.

Buy:

(Tomorrow may be a gap down opening. All this below stocks looks good to be bought in such a market.)

1. Bajaj Finserv Ltd

2. Tata Coffee Ltd.

3. Hyderabad Industries

4. Century Textiles & Industries Ltd.

5. EIH Ltd.

6. Gail

7. Jindal Steel & Power Ltd

8. Pratibha Industries


Sell:

1. CESC

2. Educomp

3. Sterlite Industries

4. Wipro

5. Sasken Communication

6. Hexaware

Buy:
1. Bajaj Finserv Ltd - Got great profit. Book Partial Profit. High risk traders can hold for gap up opening tomorrow.
3. Hyderabad Industries - Hold. Exit partially at every rise or fall.
7. Jindal Steel & Power Ltd - Hold

Exit all other counter if you have not already existed. All gave good opportunity to exit in the morning with handsome profit.

Sell:

1. CESC - Hold. Exit partially at every further fall.

2. Educomp - Got great profit. Book complete profit at 595.

3. Sterlite Industries. Got great profit. I booked profit at 167. If you have not already exited, book partial profit now and complete profit at 168-167.

4. Wipro - Book partial profit.


5. Sasken Communication - Exit.

6. Hexaware - Got great profit. Book partial profit.


Overall a very good day for me.

High Risk Trade:

Buy Sesa Goa Ltd. at around 348.

Target: 353

Stop loss: 346

Hi,

Am sorry to hijack this thread but dont you think since Tata Motors and Cairn both rose so suddenly it shd be shorted?


Warm Regards,

DS

Tata Motors is somewhat in overbought territory. However, I wont prefer or will suggest to go against the tide. I will not trade in it for now.

Cairn India is looking good on the chart and is definetly not a shorting candidate when there are so many week stocks out there. It it a different matter if you want to now buy this stock or not. Basically, it has resistance at 347-349 on a closing basis. I think it can easily go upto 350-355 on a intraday basis with the current momentum. However, I again wont trade in this stock for now.