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Sunday, January 2, 2011

Stock Picks Listed according to Selection Strategy

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Dear Investor,

I have made few changes to the selection portfolio for 2011. Now I will be listing stocks according to the strategy I have picked the stock. This will give you better understanding of why the stock is listed on the suggested buy list. All the picks are listed inside following link

Check Our Current Recommendations


Strategy: Stock Moving Out of Base [ My favorite strategy where stock trades in a narrow range for long period of time and then starts moving up on high volumes ]


ARVIND Arvind Limited

500215 Agro Tech Foods Limited

BHARTIARTL Bharti Airtel Limited



Strategy: Continuation Buy [ Stock which are already moved higher and there is no sign on turning back ]

532466 Oracle Financial Services Software Ltd.

500770 Tata Chemicals Limited

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Strategy: Bottom Fishing [ This is a little bit risky strategy since the stocks are below 150 day average line and most likely to give incorrect selection. But if any one of these click there is a huge upside ]

ASHOKLEY Ashok Leyland Limited

500040 Century Textiles & Industries Limited

500185 Hindustan Construction Company Limited

532832 Indiabulls Real Estate Ltd.

PARSVNATH Parsvnath Developers Limited



Strategy: Range Trade [ This is for stocks like Reliance which are dancing between a range]

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Most of the stock ideas listed are for your reference. You can pick the once which actually show green color results. The once which would not work out will be deleted by next weekend and new one will be added.
 
My selection is not for day trading. It is for a short term trading of 3 to 4 weeks and sometimes even longer than that.
 
NIFTY: Just made a new higher high which I believe as a positive sign. Software, Sugar and Chemical sectors are the best performing sectors right now. I want to wait for at least next two days to really gauge what is the next move on NIFTY.
 
Thanks
Anil
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