Wednesday, April 08, 2009

WINNING STROKES: THINK DIFFERENT:

GEI Industries Ltd, this week's Quickie Call hit the 20% buyer freeze. The stock was recommended around Rs.32. A report on the company will soon be placed at: www.sumanspeaksplus.blogspot.com.

Reliance Industrial Infrastrucutre Ltd recommended at around Rs.270--Rs.272 in this blog crossed Rs.525 in 2 days. The stock was also recommended on last Monday around Rs.303.

English Indian Clays Ltd, hit the buyer freeze on positive news on the company. The company is coming up with a rights issue at Rs.1000 per share.

U B Engineering Ltd hit the buyer freeze. But why??

XL Telecom and Energy Ltd is up more than 5% on the opening trade. The share price of the company should shoot up from here. The company's renewal energy project has taken off in Europe.

Axis Bank Ltd recovered from low today to reach Rs.441. It is one of the blue chip banks in the private sector.

Morning call Pyramid Saimira Theatres Ltd hit the buyer freeze on the expectation of some news. But what is the news???

My recommended BSEL Infrastructure Ltd hit the 3rd consecutive buyer freeze on positive development on the company. The company is doing a number of overseas projects.

Megasoft Ltd recommended around Rs.10, crossed Rs.17, today. The stock already gave huge return in the last 15 days.

Phoenix International Ltd hit the buyer freeze on some positive developments in the company.

Prajay Engineers Ltd hit the buyer freeze on some positive development on the company. The stock was recommended in the morning to the Paid and Free Group--SumanSpeaks.

Cochin Mineral and Rutiles Ltd moved up by more than 4% in the late trade. The company came out with fantastic set of numbers for the Q3FY09. There are also other positive news on the company and it is also rumoured that a big big from Bombay is after the scrip, and accumulation is going on in a large way.

Bartronics Ltd recommended around Rs.72--Rs.73, in this blog a couple of weeks back crossed Rs.100 today.

Morning and intra-day, trading calls on Rolta Ltd and Axis Bank Ltd reached their respective targets.

Excepts of my morning mail to the Paid Groups--Chart --Check:

The market had a gap up opening on Monday taking cues from the global peers. An initial morning decline shedding some of the gains was followed by choppy and rangebound trading ending the day in green above the XXXX levels.

A breather was taken by the market in the proximity of XXXX on expected lines. A minor corrective swing seems likely in the days to come. The gap formed while breaking out of a minor congestion in the 3100-3140 is likely to provide firm support to the market.

Declines in the zone of 3150-3180 may be construed as buying opportunities with a tentative stop of 3080 on a closing basis.

Scaling of levels much higher than the erstwhile high around 3300 seems to be a distinct possibility.The IT pack witnessed profit booking off the highs registered in the last trading session. This is likely to continue in today’s session too.

The decline however seems to be too trivial to ring the alarm bells.in case of Nifty, 2300-2400 is a strong demand zone which is not expected to break until there is a total collapse in the broad market, the chances of which seems to be remote at this point of time.

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