Stock Picks 16/10/2009

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

STOCK PICKS FOR 16TH OCT 09 - NSE INDIA STOCK PICKS Highlights: Today Banking Sector performed well; there was a pull back in FMCG and Metal. So, keep an eye on these sectors in tomorrow’s trade. If Infosys moves, all IT stocks will catch up as the IT sector is placed to move in a positive direction. Global Indices direction is in the upward trend (Especially European and US Indexes). If Asian Markets are flat to positive then you can consider taking positions in the below stocks. We have adopted a different strategy to pick today (From all Sectors), so exercise caution. SYMBOL PATNI HDFCBANK ALBK HINDUNILVR

Closing Price 434.2 1,722.3 122.7 289.2

Pivot 430.4 1,717.1 121.6 290.3

Res1 441.8 1,740.2 125.6 294.8

Res2 449.4 1,758.0 128.4 300.4

Support1 422.7 1,699.3 118.7 284.7

Support2 411.3 1,676.2 114.7 280.2

Other Stocks: ROLTA, M&M, JINDALSTEL, BANKBARODA

Market Intelligence: Below are the stocks which have been traded with huge volume and above 5% Gain. Experience traders can watch out for breakout stocks and take positions accordingly. SYMBOL APTECHT HIMACHLFUT ASAHIINDIA ICSA SATYAMCOMP MCDOWELL-N EIHOTEL PENINLAND GUJRATGAS SUNTV MERCK TCI

Closing Price 277.5 13.1 74.2 217.4 117.0 987.1 136.4 91.1 210.0 360.7 489.0 96.1

%age Volume Increase 231 259 261 366 379 540 783 1,080 1,955 2,509 6,827 7,362

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

Details of 15th Picks which made highs. Though Market was weak our picks performed very well.

SYMBOL SAIL HINDALCO SBIN GMRINFRA IVRCLINFRA M&M STER CAIRN BANKBARODA

14th Closing Price 179.8 135.4 2,272.5 72.2 411.7 971.0 855.8 280.5 509.7

Made High on15th 187.5 138.2 2,339.9 76.9 423.9 980.0 873.9 288.9 520.0

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 these stocks falling more if the Overall Market/Index is weak.

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.

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

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.

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