Monday, October 29, 2012

My recommended Pradip Overseas Ltd hit the buyer freezez in the mid-afternoon trade. The scrip was recommended to the Paid Group members only some days back. I have asked all of  you to accumulate the stocks in the textile sector long back.
Glodyne Technoserve Ltd moved to Rs.59.50, before cooling down a bit. In the recent sharing holding pattern the promoter's holding has come down  to 47.85% because of selling and also due to invoke. The company is coming  up with results on the 1st week of November, probably and therefore let us hope for the best. As I mentioned earlier, the company is on the verge of getting a large order. Government of Maharashtra - Labour department and Glodyne Technoserve Limited had under the public private partnership initiated the first of its kind and largest Labour Management System, ‘Mahashramm’ in the State. The pilot of the project had been completed in the district of Thane and the state wide rollout was initiated in January, 2012, by the Hon. Chief Minister of Maharashtra, Shri Prithviraj Chavan. Glodyne Technoserve, with its strong credentials and its expertise is the ‘Total service provider’ to deploy this unique solution. ‘Mahashramm’ is a comprehensive system designed to interlink the industries, the shops and establishments, the construction contractors and other unorganized sector’s employers through the Labour Department and Banks. ‘Mahashramm’ is devised to create a win-win situation both for the Labour and Industries by empowering the labour on one hand and bringing transparent interface to the businesses on the other hand. The deployment of ‘Mahashramm’ would make use of technology to increase efficiency and transparency in the current system. Glodyne Technoserve Limited,  was chosen last year, as one of the ‘best under a billion dollar’ companies in Asia Pacific for the year 2011 by Forbes. The award was presented to Glodyne at a glittering ceremony on 10th November in HongKong. It has a good order book position.  CLICK HERE!!
Indiabulls Securities Ltd which was recommended around Rs.7-8, a couple of months back, today touched Rs.11.50. If the market remains buoyant the scrip could cross Rs.12 in the coming days.
Today a buy call was initiated in Nifty Futures Ltd at 5680--5680, for a target of 5720--5740. The Nifty_Futures moved to 5708, intra--day. The call was positional and hence I think by tomorrow the target would be achieved.
Bartronics India Ltd today moved to Rs.26.30 before settling at Rs.25.80. This scrip should be accumulated in dips.
So, will there a rate cut tomorrow? Or the RBI Governor will be satisfied with only 50 basis points of CRR cut? To know all about this and to keep ahead of others please either join my brokerage house or my Paid Service. What is the lastest news on SEL Manufacturing Company Ltd?