Wednesday, January 02, 2013

Market Mantra
Morning Call: Buy Tulip Telecom Ltd at Rs.35.50--36,  hits the buyer freeze in the morning trade. The bad days are perhaps over for the company and now we can see a steady upmove in the coming days. The target and other details is only for Paid Members and for those who are trading through my recommended brokerage house.
IRB  Infrastructure Developers Ltd touched Rs.132.50 today. The stock is headed towards Rs.165--170, in the coming days. The fundamentals of the company are too good.
Southern Online Bio Tech Ltd  hit another buyer freeze in the opening trade. This has now become a regular habit. My congratulations to those who have believed me, and invested in this scrip.
Prakash Industries Ltd today moved to  Rs.51.45, before cooling down a bit.  When the outlook of the steel has changed and there would be a cut in the interest rate this quarter, to boost infrastructure spending, the demand for steel is set to go up. In such a circumstance, companies with proven track record as  Prakash Industries Ltd are set to do well.
Today, ARSS Infrastructure Projects Ltd, touched Rs.49.85. This is also another story of debt restructuring. Hence I am expecting it to  hit continous Uppper Freezes in  the coming days, especially in the view of interest  rate subvention and cutting of repo by the RBI in this quarter.  The company's Q3FY13 results is expected to be a tad better  than Q2FY13. My short term target for the scrip is Rs.60-65.