Anant Raj Industries Ltd touched, Rs.52 today. The stock was again strongly recommended around Rs.43.50-44, for those who bought around Rs.50-51. This capital gain is in addition to the dividend play. The Free and Paid Members are suggested to book some profits on the counter and hold the rest with a SL of Rs.48.
Reliance Power Ltd recommended strongly around Rs.77-79, touched Rs.87.60 today. I have said it is heading towards Rs.110, in the coming days.
My very strongly recommended Allahabad Bank Ltd at Rs.132-133 and then again at around Rs.118-119, crossed Rs.134, intra-day. The stock is heading towards Rs.170--172 in the coming days. I had asked all to go full hog in the Banking counters, because either repo rate cut or the CRR or both would be positive for them. I think a CRR has more positives than any repo cut, because the money directly comes in the system. This time it is expected to flood Rs.50, 000--65, 000 crore (from 25 bps cut, which would naturally release Rs.17, 000 Cr) in the system, hence the bank Nifty is expected to move up and up in the coming days.
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