Friday, July 19, 2013

Market Mantra
The Markets are moving during the last couple of days, as expected. A buy call on Nifty_Futures was given at 5940, a couple of days back, and the momentum is still continuing. Today, morning, the Paid Members, were asked to hold on to their longs with the target of XXXX. The Nifty_Futures already made a high of 6074.40, in the intra-day trade. The rest of the details and some inputs on Bank Nifty is only for the Premium Service Members. Join the Paid Service, or Trade through my recommended brokerage house, to stay ahead of others, in these market conditions. 
NTPC, along with NMDC (BSE Code: 526371) and  SCI could end up making windfall gains from the govt's decision to preferentially allot them coal blocks for commercial exploitation. Buy NMDC at Rs.105-106, T--Rs.117, Sl--Rs.103 (Exit). Earlier, said that they were bullish on NMDC and had recommended buy rating on the stock with a target price of Rs.138 in its July 04, 2013 research report. CLICK HERE
Kohinoor Broadcasting Corporation Ltd (CMP: Re.0.17) hits the buyer freeze in the mid afternoon trade, after the stock was recommended in the Free Yahoo Group, SumanSpeaks.
Shree Renuka Sugars Ltd recommended around Rs.15.50, today touched Rs.20.10. A buy was suggested in the scrip, follow the news that, the State-owned oil marketing companies are planning to float tenders in July to procure around 600 mln ltr of ethanol.
Mastek Ltd recommended around Rs.116-117 a couple of weeks back touched Rs.142 today.  The IT stocks are expected to do well going forward. 
HDIL should be accumulated on all declines for a short term target of Rs.55. The loss made by the company, in Q4FY13 has already been factored in the current price, and the scrip should steadily move up, in the coming days. CMP: Rs.39.80.