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.....👍✌



Tuesday, January 20, 2015

WINNING STROKES: THINK DIFFERENT
Today Veer Energy and Infrastructure Ltd touched Rs.4.15, intra-day before closing at Rs.4.07. The scrip today moved up with huge volume in the BSE. The volume of the shares traded today was 1,185,534, against 10 and 30 and day average volumes of 162184 and 166237 shares, respectively. And what is more interesting and positive for the BULLS is that, the percentage of Deliverable Quantity to Traded Quantity was whopping 82.81%, which is even higher than yesterday. Today, the stock gave a clear break out and closed above some of its prominent "Moving Averages'. The stock in all probability will touch Rs.5 in this week. Congratulations to those who are holding the scrip. The share was recommended yesterday to the Premium Group members at Rs.3.30-3.50.
My recommended Allied Digital Services Ltd today touched Rs.34.55, before closing at Rs.30.90, after profit booking was suggested in the counter. The scrip reached all its short term targets. 
Meanwhile, I do not know whether you have observed or not: Kohinoor Broadcasting Corporation Ltd (Re.0.22) is hitting continuous upper circuits since the last few days. It seems this time the scrip will touch Re.0.50, let us see......
Rohit Ferro Tech Ltd (Rs.8.10) today, closed above Rs.8 forming slightly positive pattern for the bulls. The company is selling one of its plants (The unit is located at Kalinganagar industrial Complex, District: Jajpur, Orissa) and trying to reduce the debts. It is also implementing the CDR SCHEME. You should buy the scrip when no one is looking at it, but has a story to tell.  Meanwhile, according to The Economic Times, January 5, 2014: 
India is expected to become the world's second largest producer of crude steel in 2015-16, moving up from the fourth position, as its capacity is projected to increase from 100 million tonne (MT) to about 112.5 MT in 2015-16. "All indicators suggest that India will soon move up to the second position both in production and consumption", a sectoral analysis by Frost & Sullivan's Metals & Mining Practice said. 
With infrastructure development and automotive industry driving steel demand, production is expected to hit 140 MT by the end of 2016, while consumption is expected to grow 6.8% to reach 104 MT by 2017.
According to the analysis, the Indian steel industry is forging ahead despite "chronic handicaps like poor infrastructure". It said, "The government is working proactively to provide incentives for economic growth by injecting funds in construction, infrastructure, automotive and power, which will drive the steel industry in the future."
With nearly all major domestic steel producers in the process of adding a mix of brownfield and greenfield capacity, the total planned capacity hike in crude steel production till 2017 is estimated at well over 100 MT. While total installed capacity for crude steel in 2013 was 102 MT, capacity utilisation was about 80%.
Moreover, according to India Ratings & Research (Ind-Ra), the average prices for steel making raw materials are likely to remain low in 2015, in line with 2014, as major global miners are determined to flush small, high-cost producers out of the industry and regain balance in the market. The agency expects steel consuming sectors construction, automobile and mechanical engineering - to grow in FY16 with the softening of interest rates and implementation of government policies on the revival of infrastructure and investment in the country. A better GDP forecast of 6.5% growth in FY16 supported by industrial growth of 6.5% would gradually increase steel demand in the country. Besides, there were media reports today that, according to sources, the steel ministry has sought a revision of import duty on long products and HR coils saying it is necessary to raise import duty rates to safeguard TMT/rebar industry. You should therefore, not only buy the shares of Rohit Ferro Tech Ltd, but also average out or take fresh positions in Jai Balaji Industries Ltd (Rs.15.50). One should remember that without steel, Infrastructure development is not possible. 
Anant Raj Ltd today closed flat at Rs.46.85, in the BSE, after touched Rs.47.75, intra-day. Recently, the company announced that the Credit Analysis & Research (CARE) Limited has reaffirmed the credit ratings of the Company as 'CARE BBB+ (Triple B Plus)’ for the long term bank facilities of Rs.951.32 Crores and outstanding Non Convertible Debentures (NCDs) issue of Rs.150 Crores, which had been issued by the Company on private placement basis. The stock should see Rs.55-57, in the coming days.
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