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Monday, February 10, 2014
WINNING STROKES: THINK DIFFERENT
Entegra Ltd hit the buyer freeze in the opening trade today. The stock closed at Rs.3.90, with good volume. I told you several times, that those who have made 100% loss should buy this scrip and keep holding. I am again giving you 100% guarantee that you would be able to recover your loss upto 100% with this single scrip. However, if you still do not believe me, then I cannot help; you take decision which you think is the best.
Steel Authority of India Ltd was suggested a buy above Rs.63, with a short term target of Rs.69. The scrip intra-day, today, touched Rs.63.15 and Rs.63.65. I think most of you have entered the counter in dips.
Shree Ganesh Jewlery House (I) Ltd today closed with a gain of 1.39%, at Rs.25.50. This is again another scrip which could give you at least 50% return in the next 2-3 months time frame. As you know the government of India, could reduce import duty on gold next month. Once that is done most of the stocks will just shoot up. Before that also, this company is expected to get the nod of the banks for its CDR scheme. Also, since it is an export oriented house, hence it stands to gain from any export incentive the government is going to give in the forth-coming budget (FY15). So, buy the scrip like your fixed deposit and keep holding--don't trade. Nothing will happen to your finances if you keep holding a scrip for 2-3 months--have patience and make money.