Thursday, August 24, 2017

Market Mantra
There is no stopping of Future Enterprises Ltd as the stock touched Rs.44.75 today. As mentioned earlier, you can hold the same with a SL of Rs.41.70, with targets of Rs.47-51. If you remember the stock was recommended around Rs.18.50.

Shilpi Cable Technologies Ltd (Rs.27.80) is consolidating at around the current ranges before  the next upmove. The investors are suggested to buy the scrip on every decline.

Today's recommendation: Buy Aban Offshore Ltd near the support levels of Rs.174-175,  for short term targets of Rs.188-190.

Those who are holding my recommended Unitech Ltd (Rs.7.40) from around Rs.5-5.25, can continue to do the same, with a SL at Rs.6.60.

Those who are holding my recommended Videocon Industries Ltd (Rs.18.70) can continue to hold the same, for immediate targets of Rs.21-22. The stock has hit the upper circuit today.

Mandhana Industries Ltd (Rs.5.45) is getting hammered for no  apparent reasons. The regulators are requested to look into the matter and take appropriate actions.

J P Power Ltd (Rs.5.85) could hit upper circuits today -- keep watch. Its parent company J P Associated Ltd (Rs.22) has moved up from Rs.7 something to the current price.

Tata Steel after making a high of Rs.637 today is threatenig to break the psychological barrier of Rs.650. I think you remember that the scrip was recommended at around Rs.217, last year.

Brokerage Call: BUY (T+2) Hexaware Technologies Ltd on declines around, Rs.274-275 SL BELOW Rs.270; Targets - Rs.280-284

I am looking for a fund of around Rs.5- 10 lakhs to be invested in a scrip as delivery, with no debt funding. I am sure the stock will give at least 40 - 50% returns during the period. The profit could be shared in the ratio of 45 -- 55% between you and my firm. Before,, investing, I share with you the pros and cons of investing in that scrip...but before that you need to open an account with BMA Wealth Creators Ltd ( and deposit the amount in the said demat account. The interesteed parties can mail me at:
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