Saturday, October 15, 2011

Short Term Stock/Futures for October 2011


Given Below are some stock picks for this month. One can take position in stocks or stock futures based on your choice. All prices are however for stock price only and will have to be adjusted for futures. Also note that all the stop loss values recommended are on closing basis only. The time frame for holding position is recommended at the end. One can exit position when target is reached, even if earlier than recommended. Do not buy above the recommended price.

Buy TATA Motors below 180.
SL 172 Closing basis. Target 185/190
2-3 days

Buy Atul Limited below 213.
SL 206 Closing basis. Target 216/220/225
2-5 days

Buy Ultratech Cement below 1126.
SL 1113 Closing basis. Target 1130/1140/1150
2-5 days

Buy Ambuja Cements Ltd below 150.
SL 146 closing basis. Target 154/160/165
10 days.

Buy Axis Bank below 1103.
SL 1065 Closing basis. Target 1120/1140/1162/1180
10 days.

Buy Bajaj Auto below 1635.
SL 1560 closing basis. Target  1650/1667/1700/1830/1890
20 days.

Buy BHEL below 332.
SL 310 closing basis. Target 340/350/360/375
10 days.

Buy Cipla below 288.
SL 284 closing basis. Target 292/298/305/310
10 days.

Buy Dr. Reddy's Lab below 1525.
SL 1445 closing basis. Target 1550/1585/1600/1700
1 month.

Buy Grasim Industrie below 2390.
SL 2277 closing basis. Target 2400/2450/2530/2565
1 month.

Best Pick
Buy HCL Tech below 445.
SL 408 closing basis. Target 470/480/488/540/560
1 month.

Buy Hero Moto Corp below 2000.
SL 1900 Closing basis. Target 2025/2060/2100/2150
1 month.


2 comments:

  1. 28 Oct 1330 hrs
    Tata Motors all targets achieved. CMP 203
    Ultratech Cement all targets achieved. CMP 1181
    Axis bank all targets achieved.
    Hero Motor Corp all targets achieved.

    ReplyDelete
  2. Grasim - All targets achieved. 28 Oct days high 2580.

    ReplyDelete