Stock Picks - Please read disclaimer in Earlier Posts

We have been very busy due to our exams and prior commitments, however we sincerely hope that you’ve traded in our stock calls and enjoyed the profits from both Prakash industries and Nifty futures.Anyways we have completed 2 of the 3 calls sent out and 1 stock call never crossed our buy price. We are sending across a few more trading ideas for tomorrow and let’s hope that we all can profit from it.

· Reliance Communication – CMP 185.7

o Target 199

o Stop loss 178

o Time frame – 1 week

o 7% gain

· Reliance Natural Resources - CMP 71.4

o Target 75.5

o Stop loss 69.7

o Time frame – 1 week

o 6% gain

§ Target 2 – 85

§ Stop loss – 63

§ Time frame – 2 months

§ 20% gain

Note:
All prices relate to the NSE, unless otherwise mentioned. Stop-loss levels might be given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there. Investors should set stop loss levels according to their own estimates. Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits. Don't chase a stock, if you are unable to buy a stock because it hits circuit levels on successive days, don't buy that. DENIP Consultants Pvt. Ltd., the blog owners, our clients and all related entities may or may not have positions in the securities mentioned above. Trading involves considerable risk. Trade at your own risk to the extent you are comfortable. All the money you invest to buy the shares can be lost. DENIP Consultants Pvt. Ltd. or the blog or the moderators or the blog owners or any related entities shall not be responsible for any losses incurred for acting on these recommendations. Take the advice of your own financial advisor and do your own research before entering the stock