Thursday, September 20, 2012

Market Mantra
Koutons Retail Ltd hit the buyer freeze in the mid afternoon trade, after the government stayed firm on FDI in retail. Now is the turn for other stocks in this space, like V2 Retail Ltd (CMP: Rs.12.40), Pantaloon Retail Ltd (CMP: Rs.175.65), Shoppers Stop Ltd (CMP: Rs.379.65), CESC Ltd (Rs.317.10) etc to move higher up.
Buy Nifty Futures at 5170, for a target of 5630, keeping a SL of 5500. Since, it is certain that the government would not fall and the it would continue with its reform agenda and hence we can expect the market to move up in the coming days; especially in the scenario, when the Irritating, Trinomool Congress (of Ms.Mamata Banerjee) is out of the government. 
Glodyne Tech Ltd which was recommended a couple of days back around Rs.83--84, today touched Rs.91.90. The stock could be heading much higher in the coming days. I have spoken with the sources, before giving the buy call. 
Those who have taken position in Vijay Shanthi Builders Ltd, will now get dividend on 22nd September, 2012. Earlier, all those who invested in my recommended Anant Raj Industries Ltd also got good dividend. If even after 15 days, the investors do not see the dividend in their linked bank accounts then kindly speak with your respective brokearage houses. If you are mapped to my brokerage house, please send me a mail on this front or speak with me on Yahoo Messenger,