Monday, March 18, 2013

Market Mantra
Kohinoor Broadcasting Corporation Ltd hits another buyer freeze in the opening trade. I hope most of you have averaged the scrip for some good returns going forward. 
Morning Call to the Paid Service Memberes and those who are trading through my recommended brokerage houses: Buy Nifty_Futures at 5840, T--5870, SL--5820.  The Nifty_Futures touched 5868, intra-day. When a 25 bps repo rate cut is offing tomorrow and may be a CRR cut too, as the FM said in the press meet today, "I am sure RBI will address the liquidity isssue, in the next policy meet", I think all the shorts should be closed down.
Paid Members were also asked to buy PSU Banks, especially Central Bank Ltd (CMP: Rs.73.20) and SBI (Rs.2250). Both should do well in the coming days. 
The Paid Members were also asked to buy the stocks in the infrastructure space, especially IVRCL Ltd (Rs.24.65), IRB Infrastructure Ltd (Rs.120) and Punj Lloyd.
Aban Offshore Ltd was given a buy at Rs.290, for a target of Rs.320, SL--Rs.275, to the Paid Members and to all those who are trading through my recommended BROKERAGE HOUSES, but why?  
Tulip Telecom Ltd is expected to give good returns, in the short term, as the company is coming up with CDR Package, in the next 10-12 days. CMP: Rs.10.20.CLICK HERE.