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We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: suman2005s@rediffmail.com.

Tuesday, January 13, 2015

WINNING STROKES: THINK DIFFERENT
The Nifty today closed flat at 8,299.40 or marginally down by 23.60 points--however below its crucial support of 8300. In my morning inputs to the Premium Members, it was mentioned that since the Bulls have managed to hold the crucial support of 8000 and the Nifty bounced back to 8332 from the low of 8065, it shows inherent strength in market. Also, the The BSE Mid-Cap index advanced 6.59 points or 0.06% to settle at 10,492.77, outperforming the Sensex.  This is what is mentioned in the morning note to the Premium Members: 
"The Nifty is now trading at around 8339.05 up 16.50 points. However, what is more interesting is to watch the mid-cap index, which is now up around 61.90 points".  
Meanwhile, the Index of Industrial Production (IIP) for the month of November was reported at 3.8% versus (-) 4.2% in October. Now, from where the buying could start in Nifty? Or should we focus more on the mid-cap stock? To get answers to these burning questions, trade through my recommended brokerage house/s or join my service. 
Allied Digital Services Ltd, today as expected hit the 20% buyer freeze in the late market trade at Rs.26.40 in the BSE and Rs.26.45 in the NSE. It also made a new 52-week high today. I had in the past repeatedly asked all not to sell the scrip in a hurry as its fundamentals are set to improve in future. I had also said several times that the scrip will now make new yearly highs. Those who have been accumulating the scrip in all declines, must be very happy. Tomorrow, it should open above Rs.30.
Anant Raj Ltd, which was given an exit yesterday, for the Premium Members (as it dipped below a crucial support zone), was given a re-entry today as it sustained above Rs.42. I feel most of them had bought the scrip in the morning at around Rs.42, where it hovered for a long time. The stock closed at Rs.42.70 in the BSE and Rs.42.80 in the NSE. The next upside targets comes to be Rs.45 and Rs.48. Moreover, a closer look at the CPI index number for December, at 144.9, shows that it has actually fallen from 145.5 in November 2014. The spike in the CPI inflation rate is thus purely a base effect, and has nothing to do with any imminent rise in inflation again. Therefore, this time the RBI governor has some room for Repo rate cut. Since it remains within the central bank's target of achieving 6 per cent retail inflation by January 2016, analysts expect the RBI could soon cut interest rates following a hefty reduction in the oil import bill. It is pertinent to mention here that the RBI has kept interest rates unchanged at 8 per cent over the past year, ignoring suggestions from the government and industry to ease monetary policy. Meanwhile, to accelerate the recovery in economy from its longest slowdown since the 1980s, the Prime Minister of India has pushed through a raft of economic reforms, mostly by executive orders. 
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