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

COM

STOCK PICKS FOR 13TH OCT 09 – NYSE US Stock Exchange

Symbol Closing Price Pivot Res1 Res2 Sup1 Sup2


GS 190.15 190.0 191.1 192.0 189.0 187.9
MRK 32.86 32.8 33.1 33.3 32.6 32.3
PEP 60.92 60.8 61.4 62.0 60.3 59.7
OXY 80.31 80.1 81.0 81.6 79.5 78.6
SLB 64.22 64.1 64.8 65.4 63.5 62.8
COF 38.31 38.2 38.8 39.3 37.7 37.1
XOM 70.13 70.0 70.6 71.1 69.5 69.0
KMB 59.53 59.5 60.0 60.4 59.1 58.7
JNJ 62.53 62.4 62.9 63.3 62.0 61.5
FST 21.9 21.9 22.5 23.0 21.3 20.7
WYE 49.25 49.1 49.4 49.5 49.0 48.8

PS: If the overall market is weak or opens a gap down, then the above stocks are likely to break
pivot and take at the above mentioned support level and move upwards.

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.