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Picks of the day - 04 May 2016


Note:
Please use these calls only if you feel comfortable. Otherwise avoid taking intraday positions, even if you do, use strict stop losses and cut the loss immediately if market shows any counter-directional swing.


Auro Pharma (803.25): Buy at a minor dip, Stop Loss: 788, Targets: 814, 819 and 824.

Tata Motors (409.65): sell at a minor rally, Stop Loss: 416.50, Targets: 405, 402 and 398.
 


Note:
Calls are based only on technical studies.

Stop-loss is an essential risk control mechanism; it should always be there.

Trading involves considerable risk. Trade at your own risk to the extent you are comfortable.

Trade well

Simi Bhaumik

 
Disclaimer

Trading involves considerable risk. Trade at your own risk to the extent you are comfortable. The analyst shall not be responsible for any losses incurred for acting on these recommendations.

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