MARKET MANTRA
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| Land Bank of Anant Raj Industries Ltd |
ARSS Infrastructure Projects Ltd today touched Rs.53.25 in the NSE and is now trading at around Rs.50.55. The scrip was repeatedly recommended in this blog, as a must buy. I hope most of you have made money today. Book some profits in the counter.
A buy call was initiated today in Anant Raj Ltd (formerly Anand Raj Industries Ltd) at Rs.47.55, for a short term target of Rs.56. I have placed a brief report on the company at: http://sumanspeaksplus.blogspot.com.
Today HDIL touched its short term target of Rs.72, as it hit Rs.72.45, intra-day. However, those who are holding can continue to do the same for the next target of Rs.84. Keep a SL of Rs.71.40, for any short term trade.
My recommended Pipavav Defence Ltd today again touched Rs.47.20 and is now trading at around Rs.45.50. The traders are suggested to book short term profit in the counter and shift to any real estate / construction stock.
PVP Ventures Ltd today touched Rs.8.90, intra-day and is now trading at Rs.8.35, above its strong support of Rs.8.20. This is another scrip which is also expected to give decent returns over a period.
The Nifty is now down by 6.35 points while the mid-cap index is up by 34.80 points--this points towards towards the general of the market. Therefore, while the Nifty is expected to trade range-bound most of the actions would be seen in the small and mid-cap space. The traders and investors are suggested to buy good stocks in the small and mid-cap space and keep holding with strict stop losses.
Today HDIL touched its short term target of Rs.72, as it hit Rs.72.45, intra-day. However, those who are holding can continue to do the same for the next target of Rs.84. Keep a SL of Rs.71.40, for any short term trade.
My recommended Pipavav Defence Ltd today again touched Rs.47.20 and is now trading at around Rs.45.50. The traders are suggested to book short term profit in the counter and shift to any real estate / construction stock.
PVP Ventures Ltd today touched Rs.8.90, intra-day and is now trading at Rs.8.35, above its strong support of Rs.8.20. This is another scrip which is also expected to give decent returns over a period.
The Nifty is now down by 6.35 points while the mid-cap index is up by 34.80 points--this points towards towards the general of the market. Therefore, while the Nifty is expected to trade range-bound most of the actions would be seen in the small and mid-cap space. The traders and investors are suggested to buy good stocks in the small and mid-cap space and keep holding with strict stop losses.
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