Monday, March 31, 2014

Glodyne Technoserve Ltd was given a buy to the Paid Group on last week at Rs.4.92, on some optimism. The scrip today, closed at Rs.5.25 up 4.58%.
D B Realty Ltd was given a buy at Rs.53-54, for a target of Rs.61-62, on 27th March, 2014 to the Paid Group members and to those who are trading with my recommended brokerage house. The scrip today achieved its first target of Rs.61 (made a  high of Rs.61.10) intra-day. 
Mcnally Bharat Engineering Ltd which was recommended around Rs.53-54 on 26th March, 2014 to the Premium Members, today touched Rs.73.10, intra-day. Its 4-5 months target was given Rs.77-78 at that time, but the way the scrip is aggressively moving up,  it seems the target will be achieved much earlier.
Please Click on the Chart to Expand 
Today, IVRCL Ltd was recommended at Rs.12.78-12.84, the scrip touched Rs.13.29, intra-day before closing down at Rs.13.21. The scrip would cross Rs.16-17, in the next few days.  
Today Dena Bank Ltd, was recommended a buy at Rs.59.50-60, the scrip closed at Rs.60.55. The scrip has a book value of Rs.110.67 and 9MEPS of Rs.10.44. Therefore, it is only time that the scrip would hit Rs.90. Keep buying the scrip on all declines. 
Today Nifty closed at 6704.20 just below the key resistance at 6720. However, today FIIs were net buyers to the tune of Rs.942.86 Cr though DIIs were net sellers of Rs.611.22 Cr of Indian equities. Where is the Nifty heading from here? Which scrips to buy? To get answers to such questions and also to receive other information on equity market, do join the Premium Service or my recommended brokerage  house/s.
Note: I have injured my left wrist (and some injury on the spine), after a nasty fall, yesterday. Hence, I might not be able to update this blog on regular basis, please bear with me.