Market Mantra

The afternoon call to the Paid Group members, buy Nifty Futures at 5210 (based on Spot rates), T--Rs.5270, SL--5200-5170. The Nifty already touched 5241, where the Paid Members were asked to book some profits and hold as the Nifty is expected to move  up. The government should make equity markets more attractive for the common man, so that more and more money comes from the orthodox fixed deposits---in such a scenario FIIs or NO FIIs our markets might not be affected much. If I become the Finance Minister of India, the Sensex would probably cross 40, 000 (40 K) in the next one year............LOL.....:))))))))))))

Morning call to the Paid Group members, buy Voltas Ltd at Rs.118--118.50, T--Rs.132, SL--Rs.116. One of the brokerage houses have given a target of Rs.145 for the scrip, so it will anyhow reach Rs.132.

Buy Shilchar Technologies Ltd (BSE: 531201), at Rs.63.90, T--Rs.90, SL-Rs.62. Shilchar Technologies Ltd. began manufacturing of R Core Transformers in the year 1989 in collaboration with a Japanese Company. Over a period of time, driven by the spirit of enterprise and the market demand, STL has diversified into different type of transformers and cores catering to a wide cross section of the industry segments ranging from highly competitive consumer goods to the tech savy industrial segment, both at home and abroad. Shilchar is ISO 9001:2000 Company certified by UL. Backed by a state of the art manufacturing facility and ably supported by trained manpower and competitive pricing strategy, today Shilchar holds a dominant position and is recognized as a world class manufacturer of transformers and cores. The wide range of industry segments served is a proof of our versatility. Today Shilchar is the much sought after destination for industries looking out for international quality transformers at an equally competitive price tag. Shilchar can truly be called a “One stop shop” for transformers. The product range includes R core transformers, EI transformers (with flying leads And PBC mountable as well), Torroidal transformers, Metering CT's and PT's. Distribution and power transformers for EB's and product markets. Cut cores, Torrid cores, EI Laminations, Bobbins. Its ferrite transformers are exported regularly and used by leading telecom giants of the world. Shilchar has UL and CSA approvals for its transformers, Shilchars caters directly to the Market requirement as well through its franchisees in different parts of the country.   
Prajay Engineers Syndicate Ltd recommended yesterday at Rs.7.38, today touched Rs.7.71. However, it has a long way to go, as the scrip is expected to cross Rs.100 in the near future. Seeing the vastness of the company, I do not understand why any brokerage house is not covering the scrip. They are going to start constructing IT park from August, 2012 onwards. It has completed its 3 Star Hotel Project in Hyderabad, which is massive. It also has completed the work of Shopping mall in Hyderabad (probably in Sarrornagar) and its operations are expected to begin from this month.
Afternoon call to the Paid Service members, buy IFCI Ltd at Rs.40.40--40.70, T--Rs.45-49, SL--Rs.39. The company is coming up with results on the 3rd week of this month. Also, the Reserve Bank of India (RBI) is scheduled to announce annual monetary policy for 2012-13 on April 17, 2012. Many Bankers expect the central bank would at least go for a cut in the CRR. ---so there should be some rally in the beaten down banking counters.