Stock Ideas - 3rd Week of August 2010

Following are the stock ideas for the 3^rd week of August 2010:

·         CESC – Buy at 397 for a target of 407; stop loss at 387 (3% return)

·         Federal Bank – Buy at 330 for a target of 340; stop loss at 325 (3% return)

Speculative Buy in Cash –

·         Praj Industries around 77 levels for a target of 80

·         Ashok Leyland around 71.8 levels (will update on targets on Monday morning)

·         DCHL around 134.8(will update on targets on Monday morning)

Standard Disclosure and disclaimer applies.