If you are into IT/Software Sector or say in any sector and can bring overseas contracts (or any domestic business related to the software sector), with a stress on Digital Marketing/Content Writing/Website Development/Reputation Management/SEO/SMM, etc, then you can join me as a partner or associate.
We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: suman2005s@rediffmail.com.

Thursday, March 21, 2013

Market Mantra
[Why does the current FM not abolish short term Capital Gains Tax to bring in some cheer in the equity markets? This government has virtually done NOTHING for the share holders. In fact they are going for distress selling of Navratnas, to gather weath. They sold NALCO Ltd below the book value and I am sure they will SAIL also below the book value. This all due to Rs.60, 000 Cr loan waiver package to farmers and due to wrong policies by both the government and the central bank.
Now on what ground do the ruling UPA, expect VOTES from the stock market participants and their families? DMK has done the right thing, though on a different but an important issue. These people are busy making money for themselves only, they are least bothered about the country and its people. There is a Rogue RBI, which has a clerk in the form of governor, who neither has any vision nor any mission. When the whole Indian economy is going down, he is busy, looking at the dead Inflation numbers to take future decisions. Why are tax payers money wasted on such inefficient institutions, I have no idea. Also, this country is having a DEAF and DUMB Prime Minister since the last 8-9 years. Shame upon our Polity. Let them all resign now and go for fresh elections. This government has gone for a toss and people have lost confidence on them. Indians should vote EN MASS to defeat these JOKERS, who are governing us
]
Crest Animation Studios Ltd is hitting continuous upper freezes. The stock fell due to some wild selling, the company from here, is expected to give decent returns. 
Tulip Telecom Ltd will get the consent for approval of its CDR Package by the end of this month. The top honchos of the company  are in constant touch with the bank officials to find out a way to restructure it debt. The stock should start hitting upper circuits anytime from now. Have patience till the CDR scheme gets approval, because except some liquidity crunch the company is performing fine and its book value as of now is Rs.96.51. a company of the size and reputation of Tulip Telecom Ltd cannot become one tenth of book value, this is absurd . CMP: Rs.9.20. 
RBI has reduced the Repo rates but at the same time the PSU banks have not lowered the PLRs, as they say, the demand for the loans has started to pick up once again. This is positive for all the PSU Bank stocks and I am specially bullish on Central Bank (CMP: Rs.69), United Bank of India (Rs.57) and SBI (Rs.21.42)--go full hog on the banking counters. 
There are some positive news coming in IVRCL Ltd regarding its projects. The company has a massive order book of Rs.22, 000 Crore, Repo rate cut by the RBI is positive for all the infrastructure companies. Hence buy the stock at the CMP of Rs.20.30.
Yesterday's buy call on Nifty_Futures at 5720, reached the target of 5760 today and in fact the Nifty_Futures touched 5772 intra-day. With positive cues coming from the UPA government and also from both the US, China and EU, and also March is coming to and end, I think for the moment the days of BEARS are OVER. We can look forward for the Nifty levels of 5790--5820, in the coming days.BULLS can now slowly start to accumulate good beaten down scrips.