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.....👍✌

Saturday, February 21, 2015

Jindal Saw Ltd touched Rs.86.15 intra-day and closed at Rs.84.65 giving a break-out on the daily candle stick chart. Today it also closed above its 150D EMA. Moreover, 100D EMA is above its 200D EMA, further adding to the bullishness. The next targets for the scrip are Rs.92-97--stay invested. 
Pipavav Defence and Offshore Eng Ltd today closd at Rs.83.30 just a tad below its 52-week high price of Rs.85 made yesterday. The investors should book some profits and hold the rest with a SL of Rs.79.
UCO Bank Ltd recommended around Rs.70.50 last week today touched Rs.73.25 intra-day before closing at Rs.72.30 up 2.33%. The next targets for the scrip are Rs.77-85. Stay invested, with a SL of Rs.67.
Resurgere Mines and Minerals Ltd today hit 20% Upper Circuits at Rs.1.57, on the speculation that the government of India could reduce export duty on iron ore fines along with other low grade ores (including bauxite), in the coming budget. The company is an expert in mineral trading, if this norm is really relaxed, then the whole dynamics of the company could get a positive boost.
Rohit Ferro Tech Ltd today touched Rs.9.75, before closing at Rs.8.93, up 6.95%. The scrip will invariably move towards Rs.12-14, as the government in all probability will come up with positive measures to boost the domestic steel sector. Buy the scrip in every decline and wait for it to close above the resistance zone of Rs.9.2-9.3. 
The realty major Unitech Ltd inched up today and closed flat at Rs.18.40, even though the major indices were down. The company came out with good set of Q3FY15 numbers. Last week, the company had reported a 32% increase in consolidated net profit at Rs.43.33 crore for the quarter ended December 2014 due to lower operational expenses and interest outgo. Its net profit stood at Rs.32.82 crore in the year-ago period. Income from operations, however, declined marginally to Rs.704.56 crore in the third quarter of this fiscal from Rs.731.67 crore in the corresponding period of the previous year. Total expenditure fell to Rs.661 crore from Rs.716 crore during the period under review. Finance costs declined to Rs.7.33 crore from Rs.28.06 crore in the year-ago period. Unitech had said it has a healthy balance sheet with a net debt to equity ratio of 0.57. Net debt as of December 31, 2014 was Rs 6,300.84 crore. Unitech launched 0.64 million sq ft while delivered 3.04 million sq ft area in the first three quarters of this fiscal. The stock today closed above its 50D and 100D SMAs. It also closed above 50D EMA and closed just below its 100D EMA which is placed at Rs.18.54. The investors should accumulate the scrip on all declines, for the next targets of Rs.22-24. In a chat with ET Now, Mitesh Thacker of, has already given a BUY on Unitech Ltd with a stop loss of Rs.17.5 for target of Rs.19.20
Rasoya Proteins Ltd today hit the upper circuits in the BSE at Re.58, during the mid-afternoon trade but suddenly came down due to operator action. The stock closed at Re.0.55 in the BSE down 1.79%. Though the scrip closed marginally down, but this does not give any hint of the trading activities during the day. I do not understand why the surveillance system of the regulator is not able to nab the manipulators; which I can detect without any software in place. Today, the percentage of Deliverable Quantity to Traded Quantity was also not bad at 43.22%. However, unless, the operator activity in the stock is stopped, it will not move up. The modus operandi of these  guys are simple: they will sell the shares of the company in the morning to the traders, after initiating FAKE BULK DEALS and then start synchronized selling at the end of the day, pulling down the scrip. Everyday, you would find fake bulk deals of very small amounts effected to give a feel good effect on the stock, to the gullible investors. SEBI is requested through this blog, to take a special note of my views on trading activities in the scrip, on the behalf of small investors and take strong action against this group. 
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