Wednesday, July 04, 2012

What a move by Reliance Power Ltd at the fag end of the trade!!!!!!!!!! The stock was strongly recommended to the Paid Groups and later to the Free Groups. The stock today broke out and is moving towards my target of Rs.135. This stock (CMP: Rs.108.75) should give stupendous returns going forward. There is a brief report on the company at: The stock after so much developments in the company is trading at almost one fourth the price of the IPO. I have learnt today, that a marketman named, Jatinder Sharma, has recommended it on Zee Business. The most interesting part is that: those who are buying this scrip are actually buying two companies, erstwhile RNRL and Reliance Power (before the merger).
Prajay Engineers Syndicate Ltd hit another buyer freeze in the mid afternoon trade. This stock was also strongly recommended in the morning trade. The stock fell from Rs.400 plus to the current level, which does not represent the correct valuations. 
Indiabulls Securities Ltd today, hit the buyer freeze at Rs.10.02 before coming down. These kinds of multibaggers should be accumulated in all declines. 
Vijay Shanti Builders Ltd hit 2nd consecutive buyer freeze in the mid afternoon trade. The stock today moved up with good volumes. The government has extended the 1% interest subvention scheme on housing loans for a year. The decision was approved by the Cabinet in its meeting on Tuesday. 
Uflex Ltd recommended yesterday at around Rs.13.50, today reached its first target of Rs.117. 
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Kohinoor Broadcasting Corporation Ltd hit another buyer freeze in the opening trade. Its regional channel KBC News is doing quite well. 
My recommended Lanco Infratech Ltd moved to Rs.15.99 today. If you remember the stock was recommended around Rs.113 and Rs.11.80. The investors are suggested to exit the counter for the moment (as 1st target has been reached) and enter Reliance Power Ltd or Vijay Shanti Builders Ltd. 
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