Tuesday, October 01, 2013

Market Mantra
Yesterday, a buy call was given on Nifty_Futures above 5780 and after that it moved to above 5835 before closing at 5791.45. The Nifty is doing well today and  hope my target of 5900 will soon be reached. 
Both First Source Solutions Ltd (Rs.19.45) and 3i Infotech Ltd (Rs.6.34), in which ICICI Bank Ltd holds substantial stake are doing well even today. Meanwhile, according to the management commentary, 3i Infotech Ltd is expected to turnaround in this quarter. So, keep adding this scrip along with Allied Digital Services Ltd (Rs.18.50).