Wednesday, April 16, 2014

Marg Ltd hit another upper  circuits at Rs.10.53. The scrip if you remember was recommended around Rs.7.65 on on 3rd April, 2014 to the Premium Service Members. Since then the scrip has been  hitting  non-stop buyer freezes. 
Nifty (Futures) was given a SELL today in the morning inputs to the Premium Members at around 6750, for a target of 6600, SL--6820. The Nifty_Futures crashed on the bourses making a low of 6688.50, before closing at 6694.30. There are FII net sell figures of Rs.44.69 Cr today, while DIIs sold around Rs.347.7 Crores of equities--which means it is the DIIs who are nervous.  This market is only for experts and hence, kindly team up with any veteran in the game, if you really want to make money. the Paid Service or my recommended brokerage houses, to know the next movement of Nifty or to cover your losses. In the Premium Service you will get F&O calls too sometimes (like today), apart from the general cash market calls. Besides, this you would get my support during the market hours.
PVP Ventures Ltd hit another 20% buyer freeze today, after this Hyderabad-based multi-business house with interests in real estate, media and entertainment, in partnership with retired cricketer Sachin Tendulkar, won the rights to own a Kochi-based soccer club that is part of the eight-city Indian Super League. PVP also owns Hyderabad Hotshots, the inaugural Indian Badminton League champion team. Also, news is emerging from Hyderabad that Potluri Vara Prasad, (PVP) has joined the Telugudesam Party (TDP) which is hot favourite to win in this general elections is in tie up with the Bhartiya Janata Party (BJP). It is to be noted that Potluri Vara Prasad is an Indian Entrepreneur, film financier, producer, philanthropist and educationalist hailing from the commercial city of Vijaywada, Seema Andhra (formerly Andhra Pradesh). He is the co-founder of the Engineering School, Prasad V Potluri Siddhartha Institute of Technology, in Vijaywada and owns PVP Energy, PVP Cinema and PVP Foundation  under PVP Ventures. He has produced a number of South Indian Films with Naan Ee grossing Rs.125 Cr. Also, my friends this blog can be directly translated into Telugu Language, after pressing the translate button. This I decided, after giving my full support to Telugu Desham Party (TDP). The Telugu Desam Party founded by Dr N T Rama Rao in 1983 aimed at safeguarding the political, economic, social and cultural foundations of telugu speaking people in the country. In Principle and also in Practice it is the mission of the TDP the party to protect the dignity and self respect of Telugus and also ensure provision food, shelter and clothing to the common man at affordable and sustainable prices and achieve empowerment of women, youth and all backward segments of society in Andhra Pradesh (Now Telengana and Seema Andhra).
Profit booking was suggested to the Paid Members, in Shree Ganesh Jewelry House (I) Ltd after it touched the 2nd target of Rs.41 and  nearly touched the 3rd target of Rs.42 (intra-day high of Rs.41.75). I am  happy that many could make good money in this scrip after a long wait of nearly 3 months. But still an appreciation from Rs.25.50 to Rs.41.75 is  not at all bad. Isn't it?
Jai Balaji Industries Ltd hit another buyer freeze today at Rs.14.72. The scrip has been hitting non-stop buyer freezes since it was recommended. It is expected to hit some more buyer freezes on its way to Rs.41-42. 
The mid and small caps have come down from their recently made  highs. It is time to start accumulating them, especially, IVRCL Ltd (Rs.14.53), A2Z Engineering and Services Ltd (Rs.10.86) and Vijay Shanthi Builders Ltd (Rs.11.26). 
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