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, July 23, 2014

Genera Agri Corp Ltd hit another buyer freeze today at Rs.6.91 at the end of day, before closing at Rs.6.88. The scrip will reach Rs.9, in the next few trading sessions, as a pickup in seasonal rainfall tempered concern inflation will accelerate.
Today, the diversified firm (Real Estate, Special Situations and Media & Entertainment) PVP Ventures Ltd was recommended a buy to the Premium Group Members at Rs.8.10-8.30, after the source based news said that the company is now almost DEBT FREE. The company is tentative to declare its results on the 2nd week of August, 2014, according to the sources, who refused to be named. After the board meeting, the FY14, annual report will be also be out. It is to be remembered that PVP Ventures Ltd owns 70-acres of land parcel situated in the heart of the Chennai and about 4 km from Chennai Central Railway Station. This land is under joint development with Unitech Limited and Arihant Housing & Foundation Limited. Going by the response to the first few phases of this project, it is all set to be one of the largest realty projects in South India. Over the next few years, this project is expected to yield approximately Rs.1500 crores to PVP Ventures Ltd. Meanwhile, David James will be unveiled as the player-manager of the Kerala Blasters, which is the Kochi-based franchisee of the Indian Super League (ISL) owned by cricket legend Sachin Tendulkar and his partner Prasad Potluri of PVP Ventures Ltd. The scrip is therefore, moving towards Rs.11, in the coming days. 
As expected IVRCL Ltd (Rs.23.05), today formed a double bottom, and bounced from the support. The scrip should be accumulated at all declines as after the approval of any CDR package, the share price of a company, generally shoots up, Viz. Suzlon Energy Ltd, A2Z Maintenance Engineering Ltd, etc. 
A2Z Maintenance Engineering Ltd, which was recommended here in this blog, at around Rs.11-12, today hit anther upper circuits at Rs.33.35. When I recommended the scrip, few months back, many rebuked me; saying when even Rakesh Jhunjhunwala is selling his holdings, why I am recommending this kind of counter? Now they have mud on their faces.
Continuing the upward journey, Nifty closed with a huge gain of 27.90 points today at 7795.75. It was earlier mentioned to the Premium Group members, that, the bounce back from the level of 7442 and a rise of 263 points last week clearly showed buying interest at lower levels. A recovery after 5% correction was very much expected which came. However the area of 7800, being the previous high, is attracting some profit booking. Moreover, to add to the fundamentals, Indian Rupee strengthened the most in more than a week and the government bonds gained as a pickup in seasonal rainfall tempered the concern, that inflation will accelerate. According to Bloomberg: The deficit in the June-September monsoon, which accounts for more than 70% of India’s annual rainfall, has narrowed to 27% of the 50-year average, the weather department said yesterday. The gap was 43% on July 11. Gains in India’s consumer-price index slowed to 7.31% in June, the least since the gauge was introduced in January 2012. In such a scenario, the investors are suggested to focus once again on the small and mid cap counters (especially from the construction/ real estate and banking space) for some superb returns going forward; as large caps could consolidate around this range for some time and the RBI could either keep the rates unchanged or go for a slight cut. It seems the Bulls are in full control of the affairs in Dalal Street.
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