Thursday, March 06, 2014

It was an eventful day today, as the Nifty_Spot, stopped close to all time high of 6415.25 seen on December 9, 2013. The Nifty (spot) turned bullish after it surged ahead the stiff resistance zone of 6320--6360 and was able to hold it. Today, in the late market chart check, the Paid Members, were suggested Nifty_Future_Longs with a target of XXX (for the Paid Members only). The Nifty_Spot invariably closed above 6400 (6401.15), which makes it even more bullish. The next Rally in Reliance, Banking, Gold, Power (especially Hydro-power as summer is fast approaching) and Steel sectors will take the Nifty much higher within this calender year. You need to buy the scrips and keep holding, without much trading. Moreover, today, i.e on 06-Mar-2014, FIIs were net buyers to the tune of Rs.1272.93 Cr of equitities from the Indian markets, which further attests my theory of a Bullish Nifty. Join the Paid Service or my Recommended Brokerage House to stay ahead of others. If you join my recommended brokerage house you would get, Paid Pakckage Free of Charge. 
Glodyne Technoserve Ltd hit the buyer Freeze in the mid-afternoon trade at Rs.7.71 in the BSE. The scrip will slowly drift towards Rs.14-15, where you can look for booking some profits. In the same way, Allied Digital Services Ltd (Rs.14.06) will slowly move towards Rs.17-18-21 in the coming days. 
Today, I got a very good information on Entegra Ltd (Rs.3.48), from my close sources. Therefore, you just need to wait for few months to get your money doubled in this scrip. Buy 10, 000--15, 000 shares of the company and keep holding for few months.  Since, this is confirmed information and hence there is not problem in the company. 
Tulip Telecom Ltd which was recommended to the Paid Members, last week around Rs.3.50 today hit the upper  circuits at Rs.5. The scrip should slowly move up from here. 
There is no stopping of P C Jeweler Ltd (Rs.108, up 3.3%) as the scrip touched its 6th target of Rs.109 (intra-day high of Rs.109.15) today. The other two of my recommended counters like Shree Ganesh Jewelry House (I) Ltd (Rs.27), which touched Rs.27.85, intra-day, is also likely to touch Rs.41-42 in the next few trading sessions. In the same vein Gitanjali Gems Ltd (Rs.62.45) is likely to touch Rs.71-74 once the stiff resistance zone of Rs.64-65 is crossed decisively. Both the scrips are looking good on the charts and could spurt up at any time. Also, you can think of buying Titan Industries Ltd at Rs.245-246, for a target of Rs.267-268.
My recommended BHEL, which was recommended around Rs.149, today moved to Rs.173.90, much ahead of its 3rd and final target of Rs.172, before closing at Rs.172.80 up 3.78%. You can book profits in the counter and enter gold jewelry scrips.