WINNING STROKES: THINK DIFFERENT:
The markets (Nifty) as expected broke 5410 and marched ahead. The BSE's 30-share Sensex and the NSE's 50-share Nifty managed to shut shop above the psychological 18,000 and 5,400 levels, respectively in trade yesterday. All the sectoral indices of the BSE, except software counters, edged higher with consumer durables, metal and auto lot leading the gainers list. Decline in the weekly food price inflation to 12.47% during the week ended July 10 from 12.81% in the earlier week also lifted investors' mood in trade today. The reading was considered important ahead of the Reserve Bank of India's (RBI) scheduled meeting next week. The broader indices, however, underperformed the benchmark indices in trade.
It was mentioned in this blog last week that, "It is only time that 5400 would be broken on closing baisis". On 22nd July, 2010, also I mentioned that there is a huge support around Rs.5250--5380, which will be difficult to break on the downside--the magic happened yesterday!! Now a rally will start in RIL which will take the Nifty to around 5500-7000 in the days to come. Also a "Real" Rally across the board is expected to start from today--those who are holding mid and small cap counters will be benefitted the most....
It was mentioned in this blog last week that, "It is only time that 5400 would be broken on closing baisis". On 22nd July, 2010, also I mentioned that there is a huge support around Rs.5250--5380, which will be difficult to break on the downside--the magic happened yesterday!! Now a rally will start in RIL which will take the Nifty to around 5500-7000 in the days to come. Also a "Real" Rally across the board is expected to start from today--those who are holding mid and small cap counters will be benefitted the most....
Galada Power and Telecom Ltd hits 4th consecutive buyer freeze, after a news appeared in a web site regarding settlement of some of its debts. The news is that, IDBI has approved its long pending "One time settlement"(OTS) and that is expected to bring major changes in the fortunes of the company.The approval from canara bank is also awaited very shortly. The stock was recommended long back, when one of its factories started working and there were hints of settlement of long term debts.
Tata Steel Ltd recommended around Rs.480-490, reached its 2nd target of Rs.540 as the stock touched Rs.541.65, in the intra-day day. Today Sathavahana Ispat Ltd also did well. The 4 (four) of my most favourite sectors at present are: Metals, Power (especially Solar and Hydroelectric Power Projects), Chemicals and Media.
Gati Ltd recommended a couple of days back at Rs.72, to the Paid Groups and then sent to the Free Group, SumanSpeaks, touched Rs.81.25 yesterday.
XL Telecom and Energy Ltd closed flat yesterday ahead of the crucial board meeting today, 23rd July, 2010. There could be announcement of the date of declaration of the results also. The company already has good order book positions and in the next few quarters we will be able to see some flash of it. Moreover, the company would start bidding for Rs.500 cr projects from August, 2010. If the company is able to garner only 20% of the same, then the order book is swelled to Rs.100 cr. The company finished its debt restructuring in the last fiscal (FY10), itself. The company is a major player in the Solar Energy Space and 2 (two) year price target for the scrip is around Rs.350--400.
Sanguine Media Services Ltd made intra-day high of Rs.4.81 yesterday, before cooling down a bit. The stock would cross Rs.9-10, within a very short time if the Q1FY11 results are good. One year price target for the scrip is Rs.18-20. If you remember that the scrip was recommended around Rs.2.7-3-3.4.The company will issue convertible warrants on preferential basis instead of equity shares as approved on July 31, 2010; to promoters. There is a change in the Management of the Company by transferring the absolute control to Mr. Kumar Raichand Madan..
Sanguine Media Limited operates as a media company in India. It manages various events, including entertainment shows, product launches, customer/consumer meets, employees motivational programs, training and development programs, international/Indian artist program, concerts, and television events.
The company also provides rural marketing services, such as rural van operation/video on wheels, market promotion, consumer contact/promotion, promotional selling, promotional distribution, market research, and rural festivals, for various companies. In addition, Sanguine Media offers television commercial time marketing services; produces software content for cable and satellite, as well as regional channels; and provides in-film advertising services. Further, it offers voice translation (dubbing) services, which include dubbing audio contents to Indian regional languages, as well as provides motivational songs for external and internal meets, sweep starters, jingles, and customized ring/hello tunes. Some vested interest groups in BSE probably put it in the T-group, in order to check "imaginary volatility"--so where is actual volatily in the scrip, Mr.Chairman, BSE--are you in semi-conscious state brother??!! Or do you work with your eyes blinkered?? It is high time the BSE officials stop this nonsense and comes clean on T-group mystry.
Vision Corporation Ltd closed flat yesterday, after rising to Rs.18. The shares of a company which has launched a Music Channel (Vision Music) and who is working on its Satellite at present, cannot trade below its face value of Rs.10--hence sooner or later the scrip would cross Rs.10. But then, the irony is that most of the investors have a habit of eating "Junk Fast Food" presented in Money Control Message Board (MMB) and take decisions. Most of these idiots lose their shirt in the stock market.
Gati Ltd recommended a couple of days back at Rs.72, to the Paid Groups and then sent to the Free Group, SumanSpeaks, touched Rs.81.25 yesterday.
XL Telecom and Energy Ltd closed flat yesterday ahead of the crucial board meeting today, 23rd July, 2010. There could be announcement of the date of declaration of the results also. The company already has good order book positions and in the next few quarters we will be able to see some flash of it. Moreover, the company would start bidding for Rs.500 cr projects from August, 2010. If the company is able to garner only 20% of the same, then the order book is swelled to Rs.100 cr. The company finished its debt restructuring in the last fiscal (FY10), itself. The company is a major player in the Solar Energy Space and 2 (two) year price target for the scrip is around Rs.350--400.
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| NIFTY BREAKS 5410: NOW AN ACROSS THE BOARD RALLY WILL START: CHEERS!! |
Sanguine Media Limited operates as a media company in India. It manages various events, including entertainment shows, product launches, customer/consumer meets, employees motivational programs, training and development programs, international/Indian artist program, concerts, and television events.
The company also provides rural marketing services, such as rural van operation/video on wheels, market promotion, consumer contact/promotion, promotional selling, promotional distribution, market research, and rural festivals, for various companies. In addition, Sanguine Media offers television commercial time marketing services; produces software content for cable and satellite, as well as regional channels; and provides in-film advertising services. Further, it offers voice translation (dubbing) services, which include dubbing audio contents to Indian regional languages, as well as provides motivational songs for external and internal meets, sweep starters, jingles, and customized ring/hello tunes. Some vested interest groups in BSE probably put it in the T-group, in order to check "imaginary volatility"--so where is actual volatily in the scrip, Mr.Chairman, BSE--are you in semi-conscious state brother??!! Or do you work with your eyes blinkered?? It is high time the BSE officials stop this nonsense and comes clean on T-group mystry.
Vision Corporation Ltd closed flat yesterday, after rising to Rs.18. The shares of a company which has launched a Music Channel (Vision Music) and who is working on its Satellite at present, cannot trade below its face value of Rs.10--hence sooner or later the scrip would cross Rs.10. But then, the irony is that most of the investors have a habit of eating "Junk Fast Food" presented in Money Control Message Board (MMB) and take decisions. Most of these idiots lose their shirt in the stock market.
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