Thursday, October 04, 2012

Daily Chart of Jai Corp Ltd
Jai Balaji Industries Ltd hit another buyer freeze, in the opening trade. The stock has been hitting upper freeze since some time. What is the next target of the company? I have earlier placed a  target of Rs.64 for the scrip. Does it still hold?
My recommended Aditya Birla Nuvo Ltd at around Rs.895, some days back moved to Rs.957.75, before closing at Rs.949.80. But why did it move up
Kohinoor Broadcasting Corporation Ltd hit another buyer freeze in the opening trade. The stock has been repeately asked to be accumulated. 
My recommended, Jai Corp Ltd today to both the Paid and Free Group at around Rs.65-66, touched Rs.68.30, before cooling down a bit. This stock is underowned and at the same time has till now virgin, in term of participation of a rally. According to my close sources Q2FY12, results are expected to be good. Its 50 DSMA and 100 DSMA are placed side by side which confirms the bullishness in the counter. I am told that its heavy-weight, Chairman, Mr. Anand Jain is almost like half-brother to Senior Ambani. I hold the belief that the stock can shoot to Rs.2000 (yes two thousand) in the coming days, from the current price of Rs.67. 
There is no stopping of Bartronics India Ltd as the stock cleared another resistance in today's trade and closed at Rs.26.10. The company earlier announced the Completion of re-organization. The company is presently shifting its office and I am told by my sources, that, the new office would be ready by next Saturday. Hence wait for a blast in the counter in the coming days. The stock  has fallen from an all time high of around Rs.290, in 2008, to the current price of Rs.26.10. Most of the bad news is factored in the current price and hence go on buying bindasssss!!
Allied Digital Services Ltd, which was recommended a couple of weeks back around Rs.23-24 today made a monthly high of Rs.26.80. This company after a complete restructure of its business, could suddenly shoot up and  hence keep a close eye on it. It has developed a new and innovative service delivery model called "Integrated Services Delivery Framework"---ISDF. Its shared services model have been able to break linearity in the revenue/resources, thereby improving productivity and operational efficiency.