Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌

Wednesday, June 18, 2014

Market Mantra
The Nifty is  now comfortably above the immediate support and thus it again becomes buy on dips. The Asian markets are not doing too badly. Moreover, any rise in oil price would be positive for the Crude Oil Exploration Companies (RIL, ONGC, Selan Exploration, Shiv-Vani Oil and Gas exploration, etc). The tensions in Iraq is very little to do with India. Hence, these are times to accumulate good stocks, which have fallen from their peaks. 
Today's Call: (i) Buy Suzlon Energy Ltd at Rs.28.20-29.30, T--Rs.34-35, SL--Rs.27. It seems for the moment the scrip has completed the correction. The dip today, seems to be good for buying. 
(ii) Book Profits in Veer Energy and Infrastructure Ltd (Face Value: Re.1) at Rs.6-6.10, because one of their major projects might get delayed. Also, there are some management issues in the company. The scrip might again come down to below Rs.5.5. Invest the same money either in IVRCL Ltd at Rs.25 or Allied Digital Services Ltd at Rs.21-21.40. 
Resurgere Mines and Minerals Ltd hits another buyer freeze in the opening trade at Rs.2.12 in the BSE. The scrip is expected to hit continuous buyer freezes from here. 
The Rights issue of IVRCL Ltd (Rs.24.40) is on the anvil. The investors are suggested to buy the scrip in bulk and keep holding. There are lot of positive news coming in the company. 
Allied Digial Services Ltd, hit the buyer freezes in the afternoon trade at Rs.21.40. The scrip was asked to be accumulated yesterday, in this blog. 
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