WINNING STROKES: THINK DIFFERENT:

Buy TRF Ltd at any price above Rs.675 for a target over Rs.XXX (For the Paid Groups Only). The company recently bagged an order from NTPC worth Rs.3.16 billion.

Meanwhile, Government plans tightening bidding norms for ultra mega power projects to prevent developers from evading penal charges for delays. This is positive for investors.

Also, the Finance Ministry considering a proposal for lowering the excise duty on buses from present level of 8% -Positive for Sicagen India Ltd and hence accumulate with hearts content. The target only for the Paid Groups.

SATYAM COMPUTER to recruit 2,000 professionals, a mix of freshers and lateral hiring, to cater to specific requirements of some clients. This speaks volumes about the general improving trend of the company's fundamentals. Do you remember that I bought the scrip at Rs.18.5 last year and mentioned it several times in this blog.

 Chart Check:

Excerpts of my morning mail to the Paid Groups:

On Monday the indices opened gap down taking cues from the global peers. This was followed by a choppy session, ending the day marginally in red but holding 5000 level, which was some sort of affirmation for the BULLS.

The market is still trading close to the 4900-4950 mark on Nifty and is the last crucial pivot zone on which the hopes of Bull rest.

A break-down below this crucial point may unfold extreme weakness in the absolute short term.

The bias however continues to be STILL POSITIVE and LONGS may be held as long unless those absolute support zone breaks.

THE markets are now in a BAD (Buy at Declines) Stage....