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.....👍✌



Wednesday, October 09, 2013

Market Mantra
Since the morning, the market is finding support at the Nifty_Spot level of 5980, which is expected to continue as there is no negative news in the Indian Bourses. The FIIs have again turned buyer of domestic equities. 
For futures market, the trend deciding point emerges at 5930 mark. Till now Nifty_Future is get solid support around 5985-5990 ranges. However, if Nifty_Futures closes below 5894 in this week, then the immediate trend is expected to turn to negative. On the upside, Nifty is expected to face resistance at XXX (for Paid Members)...... The Nifty_Futures is expected....(For Paid Group Members).........with the action shifting in the small and mid cap space. 
Index Range (October Future):
Nifty_Future: XXX - XXX (For Paid Service Members)
Resistance: XXX–XXX - XXX
Support: XXX – XXX - XXx

Bank Nifty: XXX (For Paid Service Members)
Resistance: XXX– XXX - XXX
Support: XXX – XXX - XXX
Todays' call (for Paid Service Members):
(i) Buy Dena Bank Ltd at Rs.48
.30, T--Rs.55, SL--Rs.47.  Dr.Raghuram Rajan has very recently said, capital infusion in PSU banks will to boost investment. Moreover, he also said, : India’s economy will improve. Now Banks are a proxy of Indian economy. He sees 2013-14 current account deficit at $70 billion. There are media reports that, Debt recast approvals have started to decline as bankers get tough. The scrip of Dena Bank Ltd is above its 21 DEMA and 21 DSMA. Hence, all PSU banks suddenly looks attractive now. Among them Dena Bank Ltd is one of the best. 
(ii) Buy JMC Projects Ltd (BSE Code: 522263) at Rs.65-66, T--Rs.72, SL--Rs.61. When most of the construction stocks are moving, this stock should also catch up. This is one of the finest companies in the construction space, and anyone who can  hold for 3-4 months should get good steady returns.
Yesterday's call to the Paid Group members, ARSS Infrastructure Ltd at around Rs.20, hit the buyer freeze at the opening trade. The Book Value of the shares of the company is Rs.238.63, while the market at the current price of around Rs.20.85 is only Rs. 30.95 Cr. The price to book value is only 0.09. Hence the stock bound to hit continuous upper circuits in the days to come. 
My recommended Yes Bank Ltd moved up to Rs.342.45 (Recommended at Rs.309-3010, in this week) today, while Punj Lloyd Ltd moved to Rs.28.50 (Recommended at Rs.25, this week). 
Geodesic Ltd and Glodyne Tech Ltd hit their respective buyer freezes at Rs.5.27 and Rs.9.41 respectively. 
NIfty_6100 call which was recommended at Rs.61-62, on 7th October, 2013 today touched Rs.115. Those who had invested in that call and kept holding almost have doubled their funds in just a couple of days. 
Special Festival Offer: Those who will join the Paid Service within 31st October, 2013, will get it at Rs.6000 (instead of Rs.7000). Moreover, now those who have a porfolio size of only Rs.1 lakhs (from earlier Rs.2 lakhs) can join my recommended brokerage house/s and get the Paid Service Free of Charge. So, Hurry Up!! For details please send me a mail at: suman2005s@rediffmail.com or sumanm2007s@gmail.com.