Winning Strokes: Think Different

1. The 3rd recommended Special Pick closed at Rs.32.05 in the NSE, up more than 5%. It is a company owned by a politician in South India and its name starts with "M". 

2. The winning streak in Energy Development Company Ltd, was broken today as the stock closed at Rs.20.95 in the bourses, down 2.78%. However, you can accumulate this Amar Singh and Jaya Prada company in all intraday declines for targets of Rs.47-51, in the medium term.

3. The Future Enterprises which was recommended in this blog around Rs.18-19 closed flat at Rs.54.35 today, after making a 52-week high of Rs.62.20. The retail space should do well in future due to higher - disposable - income in the hands of the Indians, as the demonetization pangs gets ironed out... 

4. Videocon Industries Ltd (Rs.19.10), is consolidating around Rs.18-19, before next rally begins.. The Videocon promoters are scheduled to pump in Rs.3,000 crore more equity, according to a recent media report. This exercise would be apart from the company taking steps on its own to sell assets worth Rs.10,000 crore to reduce its domestic debt worth Rs.22,000 crore. The company says its overseas debt, which is worth another Rs.22,000 crore, is backed by global oil assets and it does not foresee any problem servicing its overseas loans. The company was declared a non-performing asset by Dena Bank early this year, leading to a sharp fall in its share prices.

The company has put its Kenstar brand on sale and, according to insiders, 20 companies have made a bid for the brand that sells home appliances. The brand would fetch around Rs.2,000 crore for the company. You should therefore, accumulate the scrip slowly on intra-day declines.

5. J P Power Ltd hit the lower circuits today, at Rs.7.65 in the NSE. Earlier, I had mentioned that in this rally, the stock can go upto Rs.8.20. It touched Rs.8.10, some days back. Don't buy this share now -- let it stabilize then only think of putting your money into it...