WINNING STROKES: THINK DIFFERENT:
My recommended Galada Power and Telecom Ltd hit another buy freeze on the bourses, as the bulls rushed to buy its share after going through the current news. Those who are still holding, can continue to hold the scrip. I am also holding some in my personal account.
Steel makers were the biggest gainers in metal space yesterday on the expectations that China may reduce the local steel producers count to around 25% of the current total. Apart from this, optimism over no further slide in the spot prices of the steel also boosted investor confidence. I had recommended Tata Steel Ltd to the Paid Groups with a Target of Rs.540, again yesterday. Sathavahana Ispat Ltd was also recommended to the Paid Members a couple of weeks back around Rs.43-44. Many do not know that Sathavahana Ispat Ltd is an integrated steel plant.
There is very good news for the shareholders of XL Telecom and Energy Ltd as my sources have confirmed that from now on, the company is expected to move up vertically. I have no idea about the Q1 results but from Q2FY11, the results of the company would be much better. The company will start bidding for the Rs.500 Cr worth of projects from next months (August, 2010). If it gets 20%, then Rs.100 worth of order comes from this section only, leaving the overseas ventures and its other divisions like Ethanol and Telecom (It has specialized knowledge in the CDMA space). . The company's last 6 (six) quarter starting from 2008 were horrible. The company has already completed its CDR (corporate debt restructuring) exercise. Buy as much as you can and keep holding for 6 months to see the miracle....it will be another Ennore Coke Ltd, believe me.
Sanguine Media Services Ltd is consolidating before the Q1FY10 results which is expected within the next few days. If the results are good the stock could cross Rs.9-10. Let us hope for the best.
Investors should accumulate Vision Corporation Ltd as the company is running its Music Channel, Vision Music and the work on satellite is going on. the shares of a company which is already running a Music Channel cannot trade below its face below--here it is Rs.10. So invest in the shares of this company and wait for the kill....I am sure if you buy now at around Rs.5-5.15, you would get good benefits by December--January period.
The Nifty is having a strong support around 5350--5380 range which will be difficult to break in the short term, unless there is a selling in the bourses. Yesterday, the Fed Chief, Dr.Bernanke told a congressional committee that the economy is "unusually uncertain." He said the economy is fragile, but he did not forecast that it would fall back into recession. But then the US'r financial media which is known for its fickleness (don't know whether these reporters keep drinking during writing of the report or not) made a wrong interpretation of Dr.Bernanke's speech, saying he said, "That the economy has weakened". What I find is that some of the US's financial media is worst that that of India, should not be believed at all....Moreover, some of the US or Wall Street marketmen who come live on Bloomberg TV or CNBC TV are simply having two legs, with the heads of donkeys....!! Don't believe me...just spent some time watching some of these idiots....!!
Note: I think there are some problem with the Blogspot from the Google.com's end. Because I am not able to publish directly from my end and at the same time, some of my blog postings are missing from the main page!!
Moreover, the Adsense revenues is also becoming very less--is Google.com in trouble...Can you imagine, that from 7 (seven) Adsense advertisement clicks, the revenue generate is only $0.06 or Rs.2.8 (approx). So what is the use of putting Adsense links at all, with such dismal advertising rates, except littering the page...Huh!!
The Nifty is having a strong support around 5350--5380 range which will be difficult to break in the short term, unless there is a selling in the bourses. Yesterday, the Fed Chief, Dr.Bernanke told a congressional committee that the economy is "unusually uncertain." He said the economy is fragile, but he did not forecast that it would fall back into recession. But then the US'r financial media which is known for its fickleness (don't know whether these reporters keep drinking during writing of the report or not) made a wrong interpretation of Dr.Bernanke's speech, saying he said, "That the economy has weakened". What I find is that some of the US's financial media is worst that that of India, should not be believed at all....Moreover, some of the US or Wall Street marketmen who come live on Bloomberg TV or CNBC TV are simply having two legs, with the heads of donkeys....!! Don't believe me...just spent some time watching some of these idiots....!!
Note: I think there are some problem with the Blogspot from the Google.com's end. Because I am not able to publish directly from my end and at the same time, some of my blog postings are missing from the main page!!
Moreover, the Adsense revenues is also becoming very less--is Google.com in trouble...Can you imagine, that from 7 (seven) Adsense advertisement clicks, the revenue generate is only $0.06 or Rs.2.8 (approx). So what is the use of putting Adsense links at all, with such dismal advertising rates, except littering the page...Huh!!
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