Thursday, April 12, 2012

I am going to increase the price of my Paid Package from the 1st May, 2012. So, those who want to enroll should do it before the stipulated date. Also, I am going to take 50 persons in my brokerage house for "Profit Sharing Arrangement Scheme" (through margin trading) which started yesterday.  The scheme which started from yesterday would continue till the quota is not full filled. Minimum Investment: Rs.2 lakhs.The brokerage and other facilities would be at par with ICICI Securities Ltd. You can mail  me at:
GATI Ltd hit the buyer freeze in the late afternoon trade. The stock was recommended to the Paid Group members at around Rs.32-32.5. 
Prajay Engineers Syndicate Ltd hit the buyer freeze, in the opening trade before cooling down a bit.  The stock is expected to cross Rs.100 in the coming days. I think soon a brokerage house is expected to come up with a report. It has projects lined up for execution and some like shopping mall and 3 star hotel has already been completed. The names of the on going projects and future ones, will be disclosed on by one here. Hence buy the scrip before its shoots away.
Today, Voltas Ltd crossed Rs.120, before closing a tad below. Yesterday, I came down heavily against the marketman who asked for a sell for the counter with a target of Rs.100. However, those who have bought yesterday, can book some profits and wait for the scrip to close above Rs.122.5 for further investment. I do not believe that the scrip would go down to as low as Rs.100 in the short term, when there are talks  of a cut in the interest (Repo/Reverse Repo) rate by the RBI.
Kohinoor Broadcasting Corporation Ltd which was asked to be recommended around Re.0.70-0.75. The stock has a long way to go and the recent circulars from the government in terms of digitization would to some extent help all the broadcasters. 
As expected the Nifty was bullish throughout the day today. The following is the excerpts of my mail to the Paid Group Members: Yesterday, as expected, level of 5150--5170-5200 provided strong support to market. Strong bounce back from a low of 5135 to a high of 5378 within four trading sessions clearly shows path ahead. Correction seems over and uptrend is very likely to get resumed. Long positions should be taken for a target of 5500 keeping a stop of 5100. However.......THIS PORTION FOR THE PAID GROUP MEMBERS. Today's IIP numbers made a case for  a rate cut by the RBI. So the traders should go, all out with the bank counters.
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