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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, August 16, 2016

Important
(i) Speculative call Buy Shrenuj & Co Ltd at Rs.2.50, in the NSE.....The short term target could be Rs.6-7.

(ii) Unitech Ltd (Rs.5.15) has over-reacted to a series of negative news; so wait for a couple of days for the things to become normal once again. Meanwhile, home sales in India's top eight cities grew 9% in the quarter to June compared to that a year ago, marking the third straight quarter of expansion and indicating green shoots in a market emerging from a prolonged downturn, according to property research firm Liases Foras. 

The growth was led by cities including Ahmedabad, Hyderabad and Kolkata, where Home sales went up 20%. The national capital region, which includes the large markets of Gurgaon and Noida, saw a 12% increase in home sales while Mumbai recorded a modest 2% growth. The scrip should give a good return from the CMP of Rs.5.15 (but then you have to wait).

(iii) Reliance Communications Ltd (Rs.48) and Reliance Defence and Engineering Ltd (Rs.63.30), should be accumulated for the long term. There is no need to place Stop Losses in these two A-grade scrip.

(iv) Karuturi Global Ltd has broken an important support at Rs.1.50. If it breaks Rs.1.40, then exit the counter.

(v) Adani Ports and SEZ Ltd (Rs.272.50) reached all my short term targets today. So book at least some profits in the counter.

(vi) Gitanjali Gems Ltd (Rs.46) is up even today. It seems the stock would continue to make new 52-week highs in the coming days. Stay invested.

(vi) The scrip of Syncom Formulations Ltd (Rs.2.51) has broken a major support. Hence exit the counter and enter again when it closes above Rs.2.60. 

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