Monday, November 10, 2014

My recommended Marg Ltd has been  hitting continuous upper circuits since the last few days. The investors should look for short term target of Rs.17-17.5 in the coming days. 
J P Power Ltd which was recommended a buy yesterday, once again at around Rs.14.20, today touched Rs.15.09 before  closing at Rs.14.77. I  have already suggested a switch from this scrip to either Suzlon Energy Ltd or BGR Energy Ltd (Rs.163.95). 
Allied Digital Services Ltd hit another buyer freeze at the late afternoon trade. The scrip is moving up on the optimism that from Q3FY14, the company could show a turnaround. 
Hilton Metal Forging Ltd today touched Rs.21.75, before closing at Rs.21.25. The investors were suggested to book profits during the market  hours.
Today, the scrip of Western India Shipyard Ltd moved to Rs.2.64, before closing at Rs.2.59. The stock may break its 52-week high if it is able to cross the resistance zone of Rs.2.90-3.20, with good volumes. The company is coming up with September, 2014 quarter results on 11 November, 2014.

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