Top 10 gainers during the month are given below.
| NSE Ticker | BSE Scrip code | BSE Group | % Gain |
| RIIL | 523445 | B1 | 178.14 |
| STCINDIA | 512531 | B1 | 115.08 |
| RNRL | 532709 | B1 | 90.54 |
| WALCHANNAG | 507410 | B1 | 82.62 |
| REIAGRO | 532106 | B1 | 79.70 |
| MRPL | 500109 | A | 70.37 |
| IVC | 511208 | B1 | 64.44 |
| AFL | 532774 | B1 | 60.13 |
| KKCL | 532732 | B1 | 57.87 |
| BINANIIND | 500059 | B1 | 55.47 |
RIIL and RNRL: We discussed about these stocks in my previous article “Hot or Not? Ambanis on a dream run!”
State Trading Corporation of India: This stock had broke its resistance after one year consolidation pattern, as seen from the chart below. The stock moved between 130 and 170 before breaking out on the upper side.
On September 18 the stock had a 20% upper freeze after breaking out. It was followed by another 18% rise and 3 consecutive 10% upper freeze sessions. There is a higher degree of risk in stocks like this – prices rise vertically, but they may also fall in the same way, leaving the sellers stranded.
Walchand Nagar Industries: The operating range (upper or lower freeze limit) was revised for the stock from 5% to 20% in August.
Technically the stock broke its resistance on September 18 and it was followed by a vertical rise.
REI Agro: This stock had ended a 21 month consolidation pattern in June. It has gained more than 160% since then. In the last 6 weeks it has gained 140%.
It can be seen that the stock had no correction at all over the last 8 weeks.
Mangalore Refinery and Petrochemicals: This was The India Street short term pick. However we indicated that there was an inverse head and shoulder pattern in weekly chart, meaning it could be good for medium term too.
IL & FS Investment Managers: This is a medium term pick by The India Street.
Access Frontline: We discussed this stock in my earlier article “5 India stocks to avoid (short term perspective)” dated August 7. From 51.40 it came down to 45.10 on August 24. It bounced back and touched a high of 56.75 on September 5. After the price band revision from 10% to 20%, it broke the resistance on September 24 with 20% freeze. This was followed by another 20% freeze and 11% rise. However yesterday it lost 10%.
Kewal Kiran Clothing: This was a low volume stock with a 21 day moving average of around 3000 shares. The risk in such stocks is low liquidity.
Binani Industries: From a low of 144.05 on September 4 it has touched a high of 241.30 on September 19, with just 2 days of correction in between (each about 5%). In the absence of clear waves, it is not advisible to pick such stocks.
The crowd was least interested in the following stocks. Interestingly, many of them belong to IT sector.
| NSE Ticker | BSE Scrip code | BSE Group | % Loss |
| MAGNUM | 532896 | B1 | (32.69) |
| SELMCL | 532886 | B1 | (26.66) |
| GEOINFO | 503699 | B1 | (21.15) |
| SUBEX | 532348 | B1 | (17.74) |
| AARVEEDEN | 514274 | B1 | (16.54) |
| CYBERMEDIA | 532640 | B1 | (15.96) |
| TRENT | 500251 | B1 | (15.63) |
| TELEDATAIN | 532358 | B1 | (14.70) |
| AZTECSOFT | 532385 | B1 | (14.12) |
| ALLSEC | 532633 | B1 | (13.57) |
Magnum Ventures: It is a new issue and got listed on September 20.
SEL Manufacturing company: Again a new issue. IPO price was 90 and after 3 days of listing it closed at 218.65 but since August 24 it is on a downtrend.
Geodesic Information Systems, Subex Azure, Aarvee Denim & Exports, Cybermedia, Trent, Teledata Informatics and Aztec Software have been on downtrend.
Allsec Technologies has been very bearish in medium term chart and it has fallen from a high of 373.85 in February to a low of 148 this month.
Some of the stock picks by The India Street have gained reasonably this month as shown in the table below.
| Scrip | % Gain | Scrip | % Gain |
| GVKPIL | 20.92 | SREINTFIN | 27.49 |
| RPL | 30.47 | NAGARFERT | 34.73 |
| ADANIENT | 44.21 | ROHITFERRO | 30.04 |
| ISPATIND | 38.14 | JINDALPHOT | 37.42 |