Market Mantra

 Excerpts of my today's mail to the Paid Service members

Buying interest at lower level may keep market trade with a positive bias which it is already doing now. Nifty remains strong as long as it is holding above 4800 mark. I have mentioned long  back, that srong pullback from 4700 level supported by sustained trade above resistance area of 4800 shows end of intermediate correction and beginning of short term uptrend in the market

Buy Mini_Nifty 5200 CE at Rs.3.80, T--Rs.6, SL--Rs.3. 

Suzlon Ltd today touched Rs.23.40, it is heading towards Rs.35 and hence buy and keep holding---you might not get such golden opportunity in future. Don't sell this scirp, but accumulate like your Fixed Deposit.

B F Utility Ltd touched Rs.364.90 before cooling down a bit. The stock is heading towards Rs.500 plus mark in the coming days.

Buy SKS Microfinance Ltd at Rs.97, T--Rs.105, SL--Rs.92. This call is valid for only 10 days. After which you can either exit at the stop loss or book profits. 
Pondy Oxides and Chemicals Ltd recommended some days back at Rs.24-24.5, today touched Rs.27. Jai ho!!
There is a scrip in BSE called Shilchar Technologies Ltd  (BSE Code: 531201) at Rs.55. Please keep an eye on this counter. This scrip is expected to cross Rs.80, within the next 15-20 days. 

Northgate Technologies Ltd today crossed Rs.9 before moving ahead. The company is going for massive restructuring exercise. Most of the company's revenues are now coming from the trading activities and buoyancy in the equity markets is positive for the company. For more on it, please visit: www.sumanspeaksplus.blogspot.com.