Friday, June 29, 2012

ARSS Infrastructure Ltd hit the upper circuits before closing at around Rs.45.95 on the BSE. Yesterday, it was strongly recommended a buy, after my sources gave positive news on the company. I am expecting the scrip to cross Rs.60, in the coming days, provided the markets do not crash. The Real Estate/Construction stocks of all hues should be accumulated as the RBI is expected to cut the interest rate in the coming days, to prop up the sagging economy. This is the sector to be focused. Also, any negative news in the cement sector is positive for the real estate/construction sector. 
The gold fell as was expected in the MCX. Those who have shorted the scrip, must be laughing their way to the banks. I am expecting it to fall further as the government takes steps to revive the sentiments of the Indian Capital Markets.  
Prajay Engineers Syndicate Ltd hit the buyer freeze today. The company is doing lot of projects and its current price does not depict the true value of the scrip. According to my estimation, the scrip should trade above Rs.30. It's 3 star-hotel has started to function and other projects are going on stream. It has huge pile of land banks, whose value is more than few thousand crores. The share price of such a company should not trade at such a dismal price. 
On the 28th June, mail to the Paid Members, it was clearly said the following, "Some volatility can be seen in market due to F&O expiry today. Ability of Bulls to sustain above the support level of 5100 is a sign of strength. Long positions can be hold on to with a stop below 4970". Those who have bought the Nifty Futures, based on this news have covered up the cost of Paid Service in just one call. Join the Paid Service or my Brokerage House (Free account opening for investments above Rs.2 lakhs) to get maximum out of this market. This market has off late become the den of highly-professional-participants  and therefore it could be dangerous to try your hands in the stocks without proper expert advice or guidance or research.  
Kohinoor Broadcasting Corporation Ltd hit the buyer freeze as it touched Re.0.66. I think most of you have increased your holdings in the last few months, as this could be one of the golden opportunities (or life-time opportunity) to accumulate the scrip at such a low price. The company is going stronger and stronger day by day. The promoters are now making plans to launch the 2nd channel, KBC Gold at the earliest. Its solar (Renewable) energy projects are also going fine. It is in the final stage of tying up with some companies in this respect.  
The following calls were given to the Paid Group members on 28th June, 2012. 
(i) Buy Tata Steel at Rs.417--418, T--Rs.430, SL--Rs.410
(ii) Buy IDFC Ltd at Rs.134, T--Rs.139, SL--Rs.130. 
Today Tata Steel Ltd touched Rs.443.90 way above the target and IDFC Ltd touched Rs.136.85 today, intra-day (almost near the 1st target).  
The excerpts of that forwarded mail is still there in the free group (SumanSpeaks) at:
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