Monday, October 14, 2013

Winning Strokes: Think Different
Tulip Telecom Ltd, hit the another buyer freeze in the opening trade. There were some positive news in the Telecom Sector, which I mentioned in Facebook, during the market hours. There were media report that, the DoT has awarded unified licence to the telecom operator, Idea Cellular, for seven circles; it raised international call rates by 25%. Bharti Airtel also raised international call rates by upto 80%. Kavveri Telecom Products Ltd (Rs.28.75) which hit lower circuits today on low volume is expected to do well in the coming days. The rupee depreciation is likely to help all the companies which gets some revenues form the overseas space. Now the market has become more broad-based  with buying coming also in small and mid cap counters, along with the large caps. Hence, this is the best time to pick up these kinds of stocks (Tulip Telecom Ltd, Kavveri Telecom Ltd), which have the potential to become multi-baggers, in the days to come. 
Dena Bank Ltd today reached the 1st target of Rs.51(touched Rs.51.50, intra-day). I have given a buy on Bank_Nifty for a target of 1100. 
Geodesic Ltd (Rs.6.09) and Glodyne Tech Ltd (Rs.10.88) today hit the buyer freeze in the opening trade. While, the Paid Members, who are trading for the short term were asked to exit Everonn Education Ltd, as the stock is not going anywhere, inspite of some positive news. 
Manappuram Finance Ltd (Rs.15.15) today moved to Rs.15.40, buoyed by the optimism in the gold prices. But this is not a gold trading company, which many traders/ investors confuse. It is a gold loan company and it will rise if the stocks of Banks and other FIs rise--it is as simple as that. However, it has a safe business plan and according to my close sources,  Q2FY14 results are expected to be a tad better speaking sequentially. CLICK HERE. Moreover, I had written in my earlier report on Facebook that GOLD cannot fall much from the current  price. If you are in my Friends' list in Facebook then to read the report, CLICK HERE
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