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Monday, June 02, 2014

Western India Shipyard Ltd hit another Buyer Freeze at the opening trade at Rs.2.52. The shipping sector has now a minister who is known for innovative thinking. Also, the shipping space is likely to show turnaround from July-August of this year. In this kind of market, Rs.5 lakhs can be turned to Rs.1 crore in 5-years. If you are really interested to make some  good money in the markets in a steady way, then allow the professionals to trade on your behalf. Join my services and enjoy the Bull Market. 
Today Gitanjali Gems Ltd was recommended at Rs.76, the scrip closed at Rs.77.15. With the March, 2014 quarter results, the worst seems to be over for the company. The recent RBI move to allow star trading houses to import gold, could brighten the earnings outlook for Jewelry makers. Gold prices could go down further as the economy is going to improve and the government is most likely to take a few more corrective measures such as reducing the import duty on gold, which currently stands at an unaffordable level of 10 per cent. This is expected to bring in more genuine buyers in the market. At present, many of the Gold punters are selling their stocks and investing the same in the stock market for better gains. 
IVRCL Ltd closed flat after profit booking was suggested in the counter. The scrip touched an intra-day high of Rs.25.95. It was recommended yesterday to the Paid Groups. 
Marg Ltd   (Rs.18.80) is consolidating after a long rally. The scrip should be accumulated on all declines as the honourable Supreme Court of India, is likely to force the company to go in for an open offer, to protect the interest of the shareholders. 
A2Z Maintenance and Engineering Services Ltd today touched an intra-day high of Rs.16.20 before cooling down a bit. With the new government talking charge, it is hoped that the companies in this space are likely to do well in future. 
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