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, February 03, 2015

Market Mantra
Today is perhaps a day of the small cap counters, as many of them are either seen moving up or has hit the upper circuits. The large cap driven Nifty is down today by more than 60 points and is now trading at 8734.45. Yesterday, we saw both the FIIs and DIIs were net sellers and hence, the nervous investors are probably offloading the shares of the large caps and entering the small and mid cap counters. Keeping this in mind, the Premium Members were suggested to buy C Mahendra Exports Ltd at Rs.14.20 (BSE Code: 533304), the scrip has already hit the buyer freeze. 
Today Rohit Ferro Tch Ltd touched Rs.9.15, intra-day and is now trading around Rs.8.70. It is natural for the scrip to go for some profit booking after a continuous rally of some days. The investors should accumulate the scrip on declines and keep holding.
Even when the large caps are going for a correction, one stock which is still somewhat holding its territory, is Jindal Saw Ltd. The scrip is marginally down and is now trading at Rs.81. The company came up with satisfactory set of numbers for the Q3FY15 and should touch Rs.92, once the market stabilizes. The investors should stay put in this O P Jidal Group company. 
Reliance Capital Ltd which touched Rs.495.90 today in the NSE has come down to Rs.480, after profit booking started. Yesterday, it was mentioned in this blog, that the scrip has touched its short term target of Rs.492.
Firstsource Solutions Ltd (Rs.29.20) in which the ace investor, Rakesh Jhunjhunwala holds stake, is struggling to cross the resistance zone of Rs.29.5--29.70. However, it is interesting to note that in August, 2014, the brokerage firm, ICICI Direct valued the stock at Rs.50. Even Prakash Diwan of Altamount Capital, in a interview with ET Now on 27 January, 2015, said he is positive on Firstsource Solutions Ltd. The company recently announced that a meeting of the Board of Directors of Firstsource Solutions Ltd will be held on February 09, 2015, to consider, the audited standalone and consolidated financial results for the quarter ended December 31, 2014 (Q3).
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