SumanSpeaks: The Information Super Highway

  Winning Strokes The domestic bourses are trading in the green today. The BSE Sensex was last seen at 59,801.71 up 338.93 points (+0.57%), while NSE's Nifty was trading at 17,806.10 up 107.95 points (+0.61%). The next target for Nifty would be to cross 18200. #The stock of Wockhardt Ltd (Rs.229.20) tanked to Rs.227.10, post the death of the Big Bull, Rakhesh Jhunjhunwala. I had sent a Twitter message, that I had exited the scrip after it broke a specific support. I had decided to exit after I got the news from my sources that RJ was ill and was in Wheel Chair. We'll again enter Wockhardt Ltd, at the opportune time. #Today, the stock of Adani Power Ltd (Rs.361.40) touched Rs.362.40, intraday. Keep booking profits on the way, and keep adding on market dips, putting a strict SL at Rs.347. #I have taken fresh position in Swan Energy Ltd (Rs.203.45). Nikhil Merchant, the Managing Director of Swan Energy is the father of Vinita Patel who is married to Naman Patel the nephew of...

                              Winning Strokes The indices are trading with minor losses since the opening trade. The BSE Sensex wws trading at 58,051.64, down 120.23 points (-0.15%), while the NSE was trading at 17,292.25 down 62.85 points (-0.31%).  Photo : The Indian Express. The market breadth was weak. On the BSE, 1,063 shares rose and 2,143 stocks fell. The NSE's India VIX, a gauge of the market's expectation of volatility over over the near term, rose 1.96% to 18.90. The Nifty 25 August 2022 futures futures were trading at 17,265, at a premium of 8.3 points as compared to the spot at 17,256.70. The market selloff came amidst geopolitical tensions between the U.S. and China. However, this is just a temporary event and this kind of situation should be used to accumulate good stocks. #Those who are holding the shares of  Wockhardt Ltd (Rs.239)  can look forward for targets of Rs.289/291. The sto...