Wednesday, May 09, 2012

Market Mantra
As expected the Nifty moved up today in the opening trade. In the morning a buy call was initiated in Mini_Nifty at 4990, T--5050, SL--4950. A full fledged rally is expected in the markets in the coming days, as the economic situation of the world improves
Sanguine Media Services Ltd hits the 12 th consecutive buyer freeze in the opening trade. The stock could move towards Rs.10, in the coming days. 
Buy Lanco Infrastech Ltd (BSE Code: 532778) at around Rs.13.10--13.20, for a target of Rs.16, in the coming days. Lanco Hills got full Relief from Hon'ble Supreme Court to go ahead with Lanco Hill Development in Hyderabad. For more details please CLICK HERE. The company has completed a massive solar project in Gujarat. For more please CLICK HERE.
Buy UCO Bank at Rs.68, T--Rs.72-75, SL--Rs.65....Buy Allahabad Bank at Rs.152, T--Rs.175. Buy Indian Overseas Bank at Rs.84, T--Rs.96. These are for long term accumulation and hence there is no need of applying any stop loss. Buy these scrips on all declines. 
Buy Reliance Industries Ltd at Rs.695, T-Rs.720, SL--Rs.691. Most of the negative in the company is already factored in the price. 
Kohinoor Broadcasting Corporation Ltd is up more than 2%. The stock could hit buyer freeze, as the fundamentals of the company is improving, like a rocket. The scrip at Re.0.82 is available at dirt cheap with the company coming up with Television Channels. 
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