Monday, March 07, 2011

WINNING STROKES: THINK DIFFERENT:
In the "Stocks to watch out for today's action" sent to the Paid Groups in the morning mail, the following stocks were mentioned:
(i)  Insecticies India Ltd made new 52-week high of Rs.346.40 on the following news: "It could announce the acquisition of a brand today--it ultimately closed at Rs.321.95. 
(ii) ABB made a high of Rs.729, on the news that the largest maker of power -transmission gear plans to increase its investment in India by 67% in 2011, as South Asian Nations adds electricity generation capacity.
(iii) Punj Lloyd Ltd tanked further to Rs.61.10, on the following information sent to the Paid Groups: "It could tank further as the fighting in Libya takes a severe shape"
(iv) NALCO moved to Rs.452, on the following news sent to the Paid Groups: "the company announced stock split and will issue free shares to boost liquidity in the markets".
Hero Honda Motors Ltd tanked to Rs.1515, on the following news, which has been sent to the Paid Groups: "The founders of the nation's biggest motorcycle maker, Hero Honda,  pledged 10.6 million shares with IL&FS Trust Co. on March 1, which is looked upon by me as negative for the shareholders". 
In another development, why did Sanguine Media Ltd hit the buyer freeze today? Should we accumulate the counter or leave??!!
The Nymex Crude is at $105.29 per barrel, but don't say, "Bap re" as some entities are set to make windfall profits from this unusual rise....Who?? Guess!! 
Ya right--the GRM of private refiners like RIL and Essar Oil are set to increase to $8-9 per barrel in Jan-March period. And when RIL starts to move we know in which direction the markets will move--the rest of the information is for the Paid Members......!!!!

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