Tuesday, January 15, 2013

Today's Call, Geodesic Ltd (BSE Code: 503699) hit the Buyer Freeze at Rs.24, with huge pending orders. I had earlier mentioned that, according to some sources,  Kotak Securities Ltd, has replaced Arshiya International Ltd with Goedesic Ltd as its top 5 of  "13" picks. So, wait for some more circuits in the coming days. 
Suzlon Energy Ltd went for some profit booking at the end of the trade, however, the story remains. Those who wants to take it as a fixed deposit should continue to add the scrip on declines, with a certain target in mind. 
Southern Online Bio Tech Ltd, hit another buyer freeze in the opening trade. A scrip will hit the upper circuits, if it has fundamentals however much one tries to stop it. But the behavior of the Bombay Stock Exchange is appalling. SEBI should take action against them........!! Also, I ask the company on the behalf of the shareholders, to place a complaint to SEBI on this regard. 
Bio Diesel, rates per liter are as follows
(i) Kolkata---Rs.48.00
(ii) Mumbai--Rs.48
(iii) Ahmedabad--Rs.47
(iv) Vapi---Rs.46
The company is issuing 62, 50, 000 shares to Promoters and others on Preferential Issue, pursuant to the provisions of Section 81 (1A) of the Companies Act, 1956 and Chapter, VII of the SEBI (ICDR) regulations, 2009. The Company has two Biodiesel Units: 
1. One is at Samsthan Narayanpur Village & Mandal, Nalgonda District with 30,000 Liters per day capacity .
2. The other unit is at APIIC-SEZ, Atchutapuram, Rambilli Mandal, Visakhapatnam with 2,50,000 Liters per day capacity. 
The Company has been supplying biodiesel to various well reputed customers like Kirloskar Oil Engines, Panama Petro Chem, Ipsa Texchem, Sovino foods Pvt Ltd, Real Bakers Pvt Ltd, Anand foods Pvt Ltd, Parle group, Evergreen Energy Inc., Witmans Industries, Biking Foods Pvt Ltd and other traders etc. Having experience in setting up two Biodiesel units, now the company has got an order from Indian Railways Organization for Alternate Fuels (IROAF), Ministry of Railways to set up/ construct, maintenance and operation of 30 tons per day capacity biodiesel unit at Tondiarpet, Chennai. The Company has started implementing the Biodiesel project for IROAF. The progress of execution of the project is satisfactory.  Also, the Institute of Economic Studies, New Delhi has awarded a prestigious “Barons of Indian Business Development Award” in the year 2012 to the Company.
Rolta India Ltd, a superb company in the IT space, with too good fundamentals, today touched Rs. 68.70, before cooling down a bit. It is a clear cut of break out in Rolta Ltd and I would not be surprised if it touches Rs.80, during the next few trading sessions. The stock was recommended today at Rs.67-67.50. 
Crest Animation Studios Ltd, today saw some consolidation as the stock closed today Rs.15.95. It is a turnaround case and all the dips should be used to accumulate the scrip. It has a small equity capital of Rs.44 Cr of which 10.42% is  held by promoters while 54.66 % is held by large investors. This leaves only around 35% (or around Rs.15) of the total shares to be traded in the market. 
Excerpts of my message to the Paid Service Members todayStrong bounce back in Nifty, from Crucial support level of 5935-5950 (spot) is a clear sign of bulls taking over the centre stage. Long positions can be added with a SL of 5930 (Spot). Since the morning it has been found that the Nifty is hovering around the resistance zone of 6040--6070. But I feel since the momentum is so strong it is only time that this zone will be broken as Nifty touches 6100--6150.
Join Paid Service, or my recommended brokerage house, to be ahead of others. When you go to a professional for everything, starting from a DOCTOR to LAWYER to an ENGINEER to a BARBER, why do you want to play here on your own in the markets and burn your pockets? A expert, even if he makes some mistakes, will find out techniques, which will maximum your returns over a period of time. Therefore, Join any good stock market advisory service, to remain ahead of others.