Tuesday, February 19, 2013

Market Mantra
Buying continues in the small and mid cap space, as was mentioned yesterday..............
Tulip Telecom Ltd hits the buyer freeze at Rs.12.70. The stock was repeatedly recommended during the last few days as a buy, after I received some positive information. Meanwhile, there were media reports that, the government may hold the third round of auction of spectrum in 18 regions immediately after the planned spectrum sale in March, 2013. Congratulation, to those who picked it up at the right moment. 
ARSS Infrastructure Ltd today touched Rs.42.65, before coming down a bit. Most of the stocks in the infrastructure sector are expected to do well in the coming days. I am looking for a target of Rs.52-54 in future. The stock was recommended at Rs.39, yesterday.In the same space, IRB Iinfrastructure Ltd recommended recently around Rs.113, today touched Rs.118.
U B Holdings Ltd (CMP: Rs.64.10) and Kingfisher Airlines Ltd (Rs.10.53) hit the respective buyer freezes. Meanwhile,  India's second largest carrier Jet Airways on Tuesday announced what it termed India's biggest air-ticket sale of 20 lakh seats at Rs 2250 for travel upto anytime till December 31 this year. Now FDI in aviation and rise in the Railway Fare (Tickets), augurs well for the aviation sector. 
Allahabad Bank Ltd, recommended yesterday at Rs.149, to the Paid Service members, today touched Rs.152.60.
Glodyne Tech Ltd today, hit the buyer freeze in the opening trade. The company's CMD is still  in the US, to oversee the operations of its subsidiaries. CMP: Rs.14.10.
Steady accumulation is going on in Crest Animation Studios Ltd, for better returns in future. CMP: Rs.8.80. One should accumulate Southern Online Bio Tech Ltd in all declines, as this has a story to tell. CMP: Rs.3.85.