Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌

Tuesday, September 10, 2013

Market Mantra
United Breweries Ltd recommended around Rs.732-733, today touched Rs.851.70. The scrip was recommended a couple of weeks back on some positive development in the company. 
HDIL and JP Associates Ltd which were recommended reached their respective 2nd targets of Rs.39. It is time to book at least 80% profits in both and wait for the ultimate targeta of Rs.42 in both the scrips. Meanwhile if HDIL closes above Rs.44, then we could see a rally upto Rs.51. 
Today's Call: Buy Dena Bank Ltd at Rs.48.30, T--Rs.62, SL-Rs.41.80. Among the public sector banks, this is one of the best banks. In the June, 2013 quarter its EPS is Rs.5.40, which gives a natural target of Rs.110-115 for the scrip in the short term. The scrip of SAIL is not performing even through INR is doing fine. Hence, if one wants to interchange it with Dena Bank Ltd, they can do it. 
Manappuram Finance Ltd today touched Rs.17.85 and is now trading at Rs.17.50. As long as the gold price does not crash, this stock is expected to move up slowly. Moreover, there is around only 2% delinquencies, and hence, there is much safety in the counter. My close sources, the company is expected to post better results in Q2FY13, compared sequentially. According to a marketman, when gold prices move up, 1stly, the NPL of the gold loan companies, start to come down, i.e  the recovery rates start to move up. 2ndly, the amount which one can disclose on a similar quantum of gold, starts to move up. So overall gold prices moving up is positive and that is what the market is trying to price in.
Karnataka Bank Ltd which was recommended around Rs.78-79, today touched the 2nd target of Rs.88. In a similar way, B F Utilities Ltd touched its first target of Rs.139 (intra-day high of Rs.141)