As promised...shopping list...

Here are a list of stocks that are expected to do well either due to fundamental reasons or technical reasons in the short term (1 - 3 months)

1. Reliance Petroleum
2. Bank Of India
3. Hindalco
4. Tata Steel
5. TCS
6. ICICI bank
7. Cairn

Sector wise, IT is rocking is on a good uptrend. Banking stocks have taken a beating in this fall and lot of good stocks like ICICI bank, SBI etc are available now at attractive prices. Metals, aluminium are expected to outperform market (Hindalco is my favourite here). Avoid airline stocks, automobile for sometime.

Over time as other stocks breakout, we will pick them up...Happy shopping!!!

P.S: Do leave a note if you want know about targets for these scrips.