WINNING STROKES:

My Highly Recommended BOC India Ltd hit the buyer freeze, before cooling down a bit at the end of the day. The company earlier said it commissioned its 100 tonnes per day Air Separation Unit at the Rourkela steel works of Adhunik Metaliks Ltd during this quarter, pursuant to a 10 years supply contract entered into with Adhunik Metaliks for supply of oxygen, nitrogen and argon to them under the said contract. The 100 tpd plant has commenced commercial production earlier this month and has been operating satisfactorily. There were some new developments in the revised offer front. It was one of my favourite counters: Rohit Ferro Tech recommended yesterday did well: Ranbaxy Ltd unfortunately went down yesterday when it should go up as the litigation cost has come down drastically after the Lipitor case was solved. What is more encouraging is that Ranbaxy Ltd is now a subsidiary of a Japanese Multinational Ltd and hence its valuation could increase drastically in the days ahead: The company will also get a premium status now after the Japanase Multi-national took the controlling stake in the company. Yesterday, I have recommended again to the Paid members for a target of Rs.620, in the next one month: There could be some announcement from Phoenix International Ltd in the next 30 days, keep watch on the counter. This news is important for Phoenix International Ltd, "Authority to the Board to give guarantee and / or provide security in connection with a loan or loans given or to be given by Oriental Bank of Commerce and / or Syndicate Bank to Focus Energy Ltd, a sum of Rs 100 Crore over and above its existing security / guarantee and loan provided by the company notwithstanding that the aggregate of the loans and investments so far made in or to be made in and the guarantees so far given or to be given to all bodies corporate, exceed the limits laid down by the Act". I am hearing rumours that Focus Energy Ltd will plough back some of its profits to Phoenix International Ltd after the Focus Energy Ltd starts production of gas in the next 6 to 9 months time frame. Phoenix International Ltd had earlier completed its production facility in Chennai and the proposed shoe park is expected to take shape soon. The company gets rental income from its huge properties in North India. It has 3 acres of Land in Gurgaon, which has huge commercial value. With this kind of result and hidden value of its properties in North India and Chennai, I think Phoenix International Ltd is dam cheap at the CMP of around Rs.25 and should soon go for re-rating. I would not be surprised to find its price race to Rs.60--Rs.70, in the next one year:

Some investors(including the highly qualified engineering graduates) fail to understand that Stock Market is not like a lottery that you put your money and it will give you golden eggs in or two months(it may or may not give, specially in the short term)---most of them speak of the long term but are actually short on the markets. Those who have invested earlier and the share price of the scrip has gone down, should understand that the present market condition is bad for their share price and not necessarily for the companies. After the Global Situation improves a bit, these share prices will again race ahead---but then one should know which sectors (or stocks) to hold and which sectors(or stocks) to exit. These people should understand that most of the companies will stay and continue to produce, though in the short term there could be some problems due to government's action in the price front. If they need some quick bucks, they should buy some lottery and dream of getting some good return: The Crude Oil prices are expected to crash to $110 per barrel, in the days to come. Yesterday it closed to $132.43 per barrel in the Nymex and the process has already begun with China increasing the price of Petro Products after a long time, which will further reduce the global demand---these Regressive Communists which shouts from roof tops, when the price of petro products are raised, should now start giving advice to their Comrades in China...or learn from their counterparts in China......But did the Indian Communists ever learn from their mistakes, a section of whom were instrumental in the division of Bengal (read India), with slogans like "Just and Progressive demand of Indian Muslims" (in the Pre-partition India). Everywhere in the world, except in one or two pockets, the communists speaks big but when the reigns of the government are actually in their hands they fail miserably. In Afganistan, the citizens were so annoyed with the communists government during their rule, that they hanged Mr.Nazibullah (the head of the communists government in Afganistan) in the streets of Kabul, as the Socialist Government in Afganistan fell to a pro-Islamic government:

RJD, DMK support Indo-US nuclear deal:

Accumulate Premier Explosives Ltd:

New Delhi: The United Progressive Alliance (UPA) Government received a shot in the arm today when the Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav and Dravida Munnetra Kazhagam (DMK) chief Karunanidhi voiced support for the Indo-US civil nuclear deal. The RJD chief said here that the Indo-US deal was in the interest of the nation and necessary for the country's development. And added that it would be unfortunate if the agreement falls through.

As senior Communist Party of India (Marxist) leader Sitaram Yechury met Lalu Prasad Yadav, the Railway Minister said the Government needed to take the allies along as, "we need both (the deal and the Left)".Prasad said," Government comes and goes.

Nuclear power is a requirement and assets must be created for our next generation".Seeking to allay apprehensions of the Left allies, Prasad said by signing the deal with the US, "we are not becoming a slave of America."He also contended that the Left has a right to express their views.DMK spokesperson T K S Elangovan said that the party would support the Congress on the issue.

On being asked whether the implementation of the deal would cause a split between the Left parties and the Congress he said that Karunanidhi had already stated that any such division between the UPA and the Left would only pave the way for "communal forces like the BJP".

On Wednesday, the meeting of the UPA-Left panel on the deal was called off by the Government in the hope of building greater consensus with the allies and wearing down resistance of the Left.External Affairs Minister Pranab Mukherjee, Government's key negotiator with the Left, had met CPM general secretary Prakash Karat twice in the last two days and tried to reason with him that the Government should be allowed to push forward the draft safeguards agreement with the International Atomic Energy Agency (IAEA).