Market Mantra
Afternoon
Call Geodesic Ltd hit the buyer freeze on some expected favourable
developments (What is that development? Join the Paid Service or trade through my recommended Brokerage House/s, to get such HOT NEWS---delivered right at your desk) in the company. After that development, we can look forward
for an extended target of Rs.24-25. Buy on all declines, as the IT
sector is likely to do well in the coming days, due to improvement in
both the US (or North American) and European Economies.The company has launched, a new product in this quarter according to my close sources. CLICK HERE.
B F Utility Ltd hit all the three targets and should consolidate around the current ranges before moving up. The investors should book profits and put the money either in Reliance Broadcast Network Ltd.
For IVRCL Ltd, the working capital requirements has for the time being eased and now the stalled projects will get a new life. Buy the stock as it is on an uptrend, and we can now look forward for a target of Rs.41-42, in the coming days.
My two recently recommended counter to the Paid Service Members: Shree Renuka Sugar Ltd at Rs.22.70 and Allahabad Bank at Rs.127.50--128 are also doing fine today. Renuka Sugar Ltd is now moving towards Rs.31-32 band and Allahabad Bank Ltd towards Rs.139-141 ranges.