August 18, 2009 1:05 PM

Dear Investor

I promised in last letter, last week, to give my stock recommendations, which can rise 30% to 50 % in next 1 to 1.5 months.

Below mentioned are my recommendations.

Stock Current price Target 1 Target 2 Stop Loss
ICSA 171 190 277 155
Orchid Chemical 104 142 167 96.80
Satyam 102 129 170 95
Everonn Systems 355 368 400 – 499 315
Alstom Projects 504 540 646 473
DLF 378 385 547 349

Pl Note: I expect these targets to get achieved by the end of September. You can buy at Current Market price, ideally you should book 50% profit on achievement of 1st target. If market goes down and Sensex breaches the level of 14480.90, exit from all the stocks. Otherwise, you can remain long with the stop loss mentioned in table for stocks.

I will post my updated strategy further as and when required.

Dow : I expect Dow to reach close to 10000 mark into mid of September.

Regards,

Dhaval Shah

Investment Academy| Baroda | 09825528815