WINNING STROKES: THINK DIFFERENT:

It was a day of BULLS at the DALAL STREET today as bears ran for cover--the Sensex moved up by 623 points while the Nifty moved up by 189.05 points. There was an all round buying in the large caps as the Sensex moved up by 3.50 % followed by BSE 100 which moved up by 3.44%. There was also good buying in the mid cap (3.20%) and small cap (2.38%) counters. Only some days back I have asked all to buy large cap counters as they were looking very attractive at that time. I had even forwarded a writing by the CEO, Rahul Goel of www.equitymaster.com to go in for the large cap counters. The results are in front of your eyes. 

My PICK OF THE WEEK CALL, sent to the PAID GROUP,  Linc Pen and Plastics Ltd (Report at SumanSpeaksPlus) moved by 9.55% today. The scrip should do well as the allocation to the education sector has been increased by 24%. Moreover, 24, 000 Cr has been allotted to the Sarva Shiksha Avhiyan. This will help implement the right of children to free and compulsory education. Rs.2324 Cr for Rashtriyo Madhamik Shikshya Abhiyan, Rs.5600 Cr for Technical Eudcation, Rs.5254 Cr for UGC, etc. All these are positive for the share of Linc Pen and Plastics Ltd. 

Glory Polyfilms which was asked to be averaged at around Rs.5.5 hit the upper freeze in the mid afternoon trade. 

Ambalal Sarabhai Enterprise Ltd which made a 52-week low at Rs.6.24 also moved to Rs.6.74 before cooling down a  bit.

Reliance Power Ltd which was recommended around Rs.110, on some specific news, a couple of days back touched Rs.114.50 before cooling down a bit.
Prajay Engineers Syndicate Ltd which was recommended today around Rs.12.15--12.20 moved to Rs.13.15 before cooling down a bit. Even Vision Corporation Ltd moved up by around 4% today.
Stone India Ltd which got unnecessarily beaten down due to some wrong publicity by vested interest groups, during the time of railway budget also moved to Rs.39.90 before cooling down a bit. Last year (July, 2010) Stone India Ltd informed BSE that the Company at its Board Meeting held on July 14, 2010, cleared the proposal to get into Solar Power Projects through its recently created SPV, Stone Solar Private Limited. Stone Solar is setting up a number of Solar Farms at rooftop locations and vacant lands. It has submitted its initial proposal of 1 MW plant at West Bengal for pre-registration under Jawaharlal Nehru National Solar Mission scheme. On a medium term, in addition to setting up of such solar projects, Stone Solar will venture into manufacturing of PV modules, Grid Connected Converters as well as consulting & execution of Turnkey Projects. In the recent budget the  basic custom duty on Solar Lanterns has been reduced for 10% to 5%. Basic custom duty on few more inputs used in the manufacture of solar modules/cells has been reduced to NIL. This stock should give good returns going forward.