WINNING STROKES: THINK DIFFERENT:
Ritesh Properties and Industries Ltd (BSE Code: 526407) recommended during the market hours through SMS, to the Paid Groups hit the buyer freeze. It is a deadly combination of real estate and textile story. For more details on the company you can visit: http://www.riteshindustries.us. There are strong rumours that government could come up with some sops for the battered textile sector in the next budget.
The following news was sent to the Paid Groups before the market hours through the morning mail: This budget could bring in some cheers in the textile sector as well and hence one can buy some textile stocks for (This portion for the Paid Groups)...........There could be a rally in the steel stocks as Steel prices could go up by 2-5% in July, with large steel producers such as SAIL, Ispat and Jindal Steel contemplating price hikes.
The results of Glory Polyfilms Ltd for FY09, is good as compared to FY08. There could be some news coming in the counter. The company is coming up with Q1FY10 results probably at the end of this month. The company is benefiting from the fall in the crude oil prices.
Atlanta Ltd recommended during the market hours, hit the 5% buyer freeze. The company came out with superb results for Q4FY09. The BSE suddenly lowered the circuit limit during the market hours causing heavy loss for the day traders. Those erring officials of the Bombay Stock Exchange should be punished by the SEBI for this taking this wrong decision during the market hours. Earlier there were lot of hue and cry raised regarding the placing a particular stock in T-group. Bombay Stock Exchange, were blamed for putting a scrip in T-group without proper reasons. Since, a long time there are strong rumours that a racket is operating in Bombay Stock Exchange in collusion with the officials there to bring in stocks in T-Group and bring out stocks from the T-group, according to whimps of operators who are active on those stocks. It is to be noted that when a stock is forced in the T-group, automatically, the average daily volume in the counter and its price decreases. The Government should take strong steps to break this unholy nexus between the operators and corrupt BSE officials to leak out information to the select few before the news actually comes in the public domain. Or in other words, it is alleged that those operators get the news of a stocks inclusion in the T-group, before the news actually hits the market, helping them to exit the stock, much earlier. Today's event once against points towards the shoddy surveillance mechanism of the BSE. The BSE should pay for any loss occurred to those persons who brought above 5% circuit limit. Shame on the officials of Asia's Oldest Exchange. I think the people associated with Calcutta Stock Exchange should take steps to open up this exchange so that the hegemony of the BSE could be curbed.
XL Telecom and Energy Ltd hit the buyer freeze after it was recommended during the market hours through SMS to the Paid and Free Groups (those in my Yahoo Messenger). The Q1FY10 results of the company would be much better because of certain new development both in India and overseas.
Educomp Solutions Ltd recommended around Rs.1500 and Rs.2000 (there is report on the company at www.sumanspeaksplus.blogspot.com) touched Rs.4391 today with huge volumes. The stock was recommended when all were apprehensive about the company after a news was published in New Delhi based Pioneer.
MORE COMING..............
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