Market Mantra
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.
(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.
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.
