Thursday, November 18, 2010

2 picks of the day:

1. Today's first paper pick is 3i Infotech a small cap selected for technical analysis and as a candidate for a paper pick.
3i offers technology solutions for various industries including Insurance, Banking, Capital Markets.

Here are the vital stats for 3i:

  • Sector: IT Consulting and Software is @ 5321.38 points.
  • Stock value today: 61.90
  • RSI = 52.427
  • %K = 11.2
  • 200 MDA has crossed 50MDA but both trending down.
  • Profits and sales seem to have dipped.

Verdict: HOLD/SELL

2. Today's second pick is Aarti Industries a Commodity Chemicals industry manufacturing specialty, agrochemicals and nitro compounds.

Here are the vital stats for Aarti:

  • Sector: Commodity Chemicals @ 
  • Stock value today: 48.65
  • RSI = 52.25
  • %K = 62.06
  • 200 MDA about to cross over 50MDA
  • Profit and Sales seem to be picking up.

Verdict: HOLD/BUY

Priyanka S Vaidya

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