New Magic Formula Data Posted

I have finally been able to muster some time to run the magic formula list. The latest one ranked by magic formula has been posted under my google group. There are some interesting picks in this list. I will post more on that later. In the meantime if you find any bargain scrips in there, do let the readers know !!

Some interesting moves today

Todays technical charts have shown some interesting moves. With an apetite for risk one can enter Spanco Tele, Jumbo Bags and Astra Micro at current levels. Follow the standard rules of +50%, -20% or 2 months for exit. Please read the disclaimer.

Trading positions update

Squared positions in Aarti Industries with 50% gains and sold remaining indsil. Initiated positions in Sarda Energy & Minerals Ltd and Ginni Filaments Ltd and Natco Pharma. Will hold for 2 months, or 50% gain or 20% loss. Your comments on the picks are welcome.