Friday, February 01, 2013

Market Mantra
Morning Call to the Paid Groups, Geodesic Ltd hits the BUYER FREEZE in the opening trade. I had spoken with the sources yesterday extensively and the Paid Members were told about what to do with this scrip. CMP: Rs.16.30.
Buy Glodyne Tech at Rs.16.70--16.85, T--Rs.32, SL---Rs.12. It seems the selling is over in the scrip.The proceedings in the AGM in Bombay looks convincing. The company is taking steps to improve the fundamentals. Today it is moving up with good volumes. The companies of the size and strength of Glodyne Tech Ltd should not fall to such dismal levels. With the world economy improving, the Indian IT sector is expected to do well in the coming days. 
Kohinoor Broadcasting Corporation Ltd hit the buyer freeze. Buy Why? Join either my Paid Service or my Brokerage House, to stay ahead of others. In these market conditions when it is becoming extremely difficult even for the seasoned players to make money, it would be virtual suicidal for the reasonably new ones to play here and eke out a decent cash. Therefore,  play through my brokerage house and enjoy the benefits of the Paid Service. 
United Breweries (Holdings) Ltd seems to have bottomed out and it is time to start buying once again, for a target of Rs.97--99. It seems the Competition Commission of India  will give its final nod in the Diageo-United Spirits deal, very soon. CMP: Rs.85.10. 
Book some profits in Suzlon Energy Ltd at Rs.25-26 and wait for the dips to enter. The scrip has moved too much in too less time and hence there is a need for correction, before fresh money again enters the scrip. If you remember the scrip was strongly recommended in this blog, at Rs.17.50 some months back. 
Accumulate Southern Online Bio Tech on all declines, as the company has started trial production in its plant in Vigaz and the banks have approved of the loans. Mavi Investment Fund Ltd is still holding stake in the company and it could suddenly start hitting upper circuits as I feel the selling has been overdone. Today, the Oil Marketing Companies are moving up, as the diesel prices are expected to move up in the coming days, so how can Southern Online Bio Tech Ltd be far behind as it is also into the production of Bio--diesel. CMP: Rs.4.36. 
Investors should start accumulating Crest Animation Studios Ltd at Rs.12, for a target of Rs.21-22. The company is doing lot of Joint Ventures with Hollywood Productions. 
Buy Jai Prakash Associates Ltd (J P Associates Ltd) at Rs.83--83.50, for a target of Rs.95-97, in the coming days. A fall in interest rate is positive for all the infrastructure players. And hence, in future the company is expected to generate better Return on investment (ROI). 
Buy Nifty_Futures corresponding to the Spot Rate of 6005, T--6040 (spot), T--5980 (spot). When the whole world market is moving up and there has been a continuous Net Buying by the FIIs in our Stock Exchanges, they cannot perform in isolation.