Monday, May 05, 2014

In the morning, looking at the uncertainties of the market, the Premium Members, were asked to carry long in Nifty, but with strict  stop loss of 6650 (corresponding to Nifty_Spot rates). At that time the Nifty_Spot was trading at 6712.80, which later rose to 6741.05, giving handsome intra-day gains to the traders. The Nifty closed at 6699.35 with a very small gain of 4.55 points, snapping 5 day losing streak. Today also FIIs were net buyers to the tune of Rs.279.86 crores of Indian
Photo: The Economic Times
 Now where will the Nifty go from here and how to play with it? Should we buy 6000 put of 8000 Nifty_Call? To know all this join before 15th May, 2014, to avail of the old subscription charge. After 15 May, 2014, the Paid Membership charges would be enhanced to Rs.10, 000 per year, which will be further hiked to Rs.12, 000 per year from next January (2015). Also, I do not have any LIFETIME Offers / Membership Cards, for the Paid Subscription, hence kindly refrain sending any request on the same. I maintain some Ethics and Principle, in this space; as I am not a "Bazaaru" (Commercial) guy who wants to sell anything and everything, at any cost.  
Opto Circuits Ltd today rose to Rs.34.45 before cooling down at Rs.33.15. The company would have a board meeting  to discuss various options like FCCB/GDR/Preferential Allotment/Private Placement/issue of Convertible Debentures offering and any other form of raising funds for OPTO Circuits (India) Limited and/or for its Indian/Overseas Subsidiaries for its future expansion, growth, joint ventures, acquisition of technologies and Research and development activities. The hidden meaning is that the results of Q4FY14 and Q1FY15 could be better than expected. It is a huge company but only problem is the stressed balance sheet. 
Marg Limited hit another buyer at Rs.17.05. The scrip has more than doubled from the recommended price during the last couple of months. 
The scrip of A2Z maintenance and Engineering Services Ltd (Rs.9.98) and Shiv Vani Oil and Gas Exploration Ltd (Rs.13.05) should slowly come out of their blues after the master restructuring. Both the companies have orders in hand but due to high interest cost is suffering. Once this problem is mitigated, both the scrip would give superb returns going forward---there are lot of scrips in the past which showed similar characteristics. 
Country Club India Ltd, just closed above the crucial support, but is expected to touch Rs.17-18 in the coming days, where you can book profits. Leisure and infrastructure firm Country Club India, which has 55 properties across 10 nations, is planning to strengthen presence overseas and is targeting 1 million membership in a decade, according to a news published in Economic Times on 3rd May, 2014
Jai Balaji Industries Ltd hit another buyer freeze today at Rs.18.10. The scrip is slowly heading towards Rs.31-32 in the coming days. 
Insecticides India Ltd is consolidating at the current price of Rs.275-277, and a break out is expected on the other side of border line. Recently the Business Standard reported that the agrochemical firm Insecticides (India) Ltd (IIL) has been granted a patent for the preparation process of a chemical compound to control pests. 
Pawan Kalyan and 
Potluri Vara Prasad (PVP)
PVP Ventures Ltd, today closed at Rs.6.89, but I am expecting the scrip to race past Rs.12-13, post declaration of the election results. It is widely believed that the TDP will do much better at least in Seemandhra, if not in Telengana. It is another Raj Television Network Ltd (Rs.133.20) in the making. On May 7, 2014, Andhra Pradesha (Seemandhra) goes to poll in the following constituencies: Aruku, Srikakulam, Vizianagaram, Vishakhapatnam, Anakapalli, Kakinada, Amalapuram, Rajahmundy, Narsapuram, Eluru, Machilipatnam, Vijayawada, Guntur, Narasaraopet, Bapatla, Ongole, Nandyal, Kurnool, Anantapur, Hindupur, Kadapa, Nellore, Tirupati, Rajampet, Chittoor. 
PhotoOne India
My earnest appeal to all of you is to vote, Telegu Desham Party (TDP) Candidates in all the constituencies---just vote on the Party Symbol of the TDP; kindly don't look at the religion or caste or language of the candidates. Also, take along with you all your friends and acquaintances apart from the family members to the polling booth. Every vote is important. Unless you give your mandates,  how will your candidates win? Please vote for a change. 
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