Wednesday, February 27, 2013

Market Mantra
Southern Online Bio Tech Ltd hits the 2nd consecutive UPPER CIRCUITS in the opening trading. The scrip was repeatedly asked to be accumulated during the last couple of months. Congratulations to those who have been picking up or have kept holding their stake. 
Buy Tata Steel  Ltd at Rs.350--351, T--Rs.370, SL-Rs.330. The point is that  it has bought 512,000 shares of TATA POWER from the open market on Monday for 49.9 mln rupees. 
Glodyne Tech Ltd has been hitting continuous Upper Freezes since the last few days--locked at the UC at Rs.18.75. The scrip was asked to be accumulated on all declines, like I have been telling now to corner the scrips of Tulip Tele Ltd (CMP: Rs.10.35), KFA Ltd and Geodesic Ltd (Rs.11.65). The point is that when there is a distress selling of the shares of reputed companies, due to some external factors, then you should grab them.
Yesterday, a Positional Buy call was initiated in Nifty_Futures at 5766--5770, T--Rs.5820, SL--5750 (Strict). It has already touched 5790.90 and is now trading at 5786. Cheers!!
Southern Ispat Ltd hit another buyer freeze today., The scrip has become more than 4 times after it was recommended around Rs.3.24. CMP: Rs.13.55 (Locked at the Upper Circuits). 
Jai Prakash Associates Ltd (CMP: Rs.70.10) and IRB Infra Ltd (Rs.117) are doing well today and are already up more than 2% in the morning trade.  I have been asking to accumulate them, since the last couple of weeks. 
Kohinoor Broadcasting Corporation Ltd hit the buyer freeze in the opening trade. There is an old report on the company at: 
Buy Kernex Micro System Ltd at Rs.39--40, T--Rs.44, Sl--Rs.37. In this railway budget lot of stress has been given on Safety aspect which will augur well for the stocks like Kernex Micro Ltd. The government has decided to make 10-year corporate plan for rail safety. It plants to introduce corporate safety plan for 10 yrs from 2014.  The Indian Railways will implement Train protection warning system.