Nse Stock Picks For 16th Sep

STOCK PICKS FROM SHININ CAPITAL – WWW.INVST-AVENUE.COM

September 15, 2009

NSE INDIA STOCK PICKS STOCK PICKS FOR 16TH SEP 09 NSE-INDIA SYMBOL Source Date CENTRALBK 15/09/09 DCB

15/09/09

EASTSILK

15/09/09

JETAIRWAYS

15/09/09

MRPL

15/09/09

ORIENTBANK

15/09/09

ABAN

15/09/09

AXISBANK

15/09/09

DRREDDY

15/09/09

IBREALEST

15/09/09

IVRCLINFRA

15/09/09

M&M

15/09/09

RANBAXY

15/09/09

SUNPHARMA

15/09/09

TATAMOTORS

15/09/09

VIJAYABANK

15/09/09

Pivot

R1

R2

S1

S2

124.8

127.5

130.2

122.1

119.3

41.9

42.6

43.4

41.1

40.4

17.4

18.0

18.6

16.8

16.2

265.5

269.6

273.8

261.3

257.3

86.8

87.7

88.5

86.0

85.2

231.3

235.5

239.3

227.5

223.3

1,575.4

1,595.3

1,617.8

1,553.0

1,533.1

908.3

917.4

925.2

900.5

891.4

827.2

835.3

842.0

820.5

812.4

266.3

269.0

272.5

262.8

260.1

349.8

354.3

359.2

344.8

340.3

840.6

848.9

856.1

833.3

825.0

343.2

347.3

351.0

339.5

335.4

1,222.0

1,234.0

1,249.0

1,207.0

1,195.0

568.5

574.6

580.1

562.9

556.8

46.7

47.5

48.2

45.9

45.1

Stock Highlights - Purely based on our self-developed technical research method Rules you need to remember before taking any position: 1. Check if there is any news surrounding the stocks mentioned in our recommendations. If there is good news, more benefit. If there is bad news on any particular stock do not exercise position. 2. Determine the index before taking any position, if index is in falling trend do not attempt to buy as all stocks movement(Except for few) are based on the index direction(Vice Versa applies while Index is raising trend. 3. If there is GAP Up opening do not buy until you see a 50%retracement candle with a strict stop loss & trend riding 20 MA 4. If there is GAP Down opening buy only at Support Levels, If support levels are broken do not exercise buy/long positions. 5. Strictly follow the Stop Loss mark, as there are chances of this stocks falling more if the Overall Market/Index is weak. Disclaimer: Trading in the stock market involves High Risk & High Return and there are every chances of making losses. The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. These recommendations are based on author’s personal observations and on the study of technical analysis and hence, do not reflect the fundamental validity of the script. However due care has been taken by the author while preparing these recommendations. Author and contributors may be trading in, or have positions in the securities mentioned in their recommendations. www.invst -avenue.com team does not accept any financial and/or legal responsibility arising out of use of the above information/article.

STOCK PICKS FROM SHININ CAPITAL – WWW.INVST-AVENUE.COM

September 15, 2009

Note: Pivot Point: This is trigger point for Intra Day buy/sell based on the price range of the previous day based on NSE prices. R1: Resistance one: 1st Resistance over PP. R2: Resistance two: 2nd Resistance over R1. S1: Support one: 1st support after PP. S2: Support two: 2nd support after S1. As per the tool, the trader should take BUY position just above Pivot Point and keep the stop loss of Pivot Point and the first target would be R1. If R1 is crossed then R2 becomes the next target with the stop loss at R1. Similarly if price goes below Pivot Point the trader should SELL and keep the Pivot Point as Stop loss and the first target would be S1. If S1 is crossed then S2 becomes the next target with the stop loss at S1.

Disclaimer: Trading in the stock market involves High Risk & High Return and there are every chances of making losses. The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. These recommendations are based on author’s personal observations and on the study of technical analysis and hence, do not reflect the fundamental validity of the script. However due care has been taken by the author while preparing these recommendations. Author and contributors may be trading in, or have positions in the securities mentioned in their recommendations. www.invst -avenue.com team does not accept any financial and/or legal responsibility arising out of use of the above information/article.