[GSIFS] TechniFunda-New Power Formula

[GSIFS]

Hello fellow GSIFS family members,

Thanks for all the comments I received. It’s very much encouraging.

The system through which I give calls for short term is based on technical analysis. If you notice these stocks go up the next day after opening with a gap. Due to this getting in may be difficult due to upper circuit pressure.
So I have been working to remove this flaw. What I did was I went on to find which stocks are the top performers in this month, i.e., from 23rd of September to 23rd of October .

I found a list of stocks like:
Shardul securities - 356%
Reliance Chemotex- 250%
NMTC ltd- 180%
These returns are very high in a month. So I went on to do a back-test all of these stocks with my system. I found a pattern in my system which is common for all these multi- baggers.
I did this research just this morning seeing the calls go up but still having a upper circuit pressure.
So calls with a week or 20 days horizon are bound to perform the same way.
The only difference is that we will be able to accumulate it.
And when I say accumulate it does not mean buy. It means that you accumulate these stocks over 2 days so that you get the lowest prices.
This system is in the process of testing and I am positive that once I perfect it, the system will most probably be able to find all such stocks which will be multi-baggers in a month horizon.

So from today I will be giving such calls which are for the next day and a separate list of calls which are for a month horizon.

Stocks For Tomorrow (very short term):

1) Astra micro wave
2) Richa Knits Ltd.
3) Veejay lakshmi Engineering works
4) LIC housing finance Ltd
5) Bank Of India
6) Micro Inks Ltd
7) Aeonian pub
8) Canara bank
9) Nectar lifesciences
10) Revathi equipments
11) Surya pharma
12) Hercules hoists Ltd


Top performers shared yesterday:
1) Kosian Industries Ltd - up 20 %
2) Megasoft Ltd - Up 8%
3) ECE industries- up 4%
4) Genesys international corporation- 5% up
5) Jayshree Chemicals Ltd - 3.72% up

5 out of 8 performed good.

6) KSL and industries went up in the early hours of trading from 180 - 207 and is down only on closing basis.
7) Jagran Prakashan Ltd is a good buy and hold the company as the AGM on 29th will decide about the stock split. It is down only on closing basis.
8) Ahmednagar forgings is down 1.87% although you may notice it has posted an increase in its sales as well as net profit margins.


Aniket Waghmare,
Research Associate,
www.GSIFS.com

Don't forget to read the rule towards short term trading here!

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Posted By GSIFS to GSIFS at 10/23/2007 10:50:00 PM