Monday, December 23, 2013

Nifty_6200_Call which was given at Rs.41 (CLICK HERE) today touched Rs.134.50 Intra-day, giving more than 200% return in just 3 days. Today after a long time both the FIIs and DIIs turned net buyers. While, the FIIs net bought shares worth Rs.135.42 Cr, the DIIs net bought shares of value Rs.38.35 Cr. Today, also a Buy Call was given in Nifty_Future, hope most the compulsory Nifty_Traders who are either in my Premium Members' list or is trading through my recommended Brokerage House/s made profit from it. 
A buy Call was initiated in Essar Oil Ltd at Rs.51.70, the share touched Rs.53.60, intra-day before closing at Rs.52.20. The scrip should vertically move up from here as one of key persons from the management has expressed optimism in a recent interview with a business channel. CLICK HERE. Moreover, the Minister of Petroleum Mr.V Moily has reiterated that the government aims to completely deregulate diesel prices in five to six months--this is again positive news for Essar Oil.
Allahabad Bank Ltd today touched Rs.93.90, before settling at Rs.92.70, in the BSE. The PUS bank stocks are expected to do well in the coming days, as the Finance Ministry has directed public sector banks to recover at least 10% of loans that have gone bad by end of this fiscal. Chartically speaking the scrip is above its 50, 100 and 100 DEMAs, which further gives ammunition to bulls. 
Future Retail Ltd (FRL) which was recommended a couple of days back at Rs.67.70 today touched Rs.72.25. However, it might take some time for the FRL to cross the hurdle of Rs.72-73. 
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