SumanSpeaks: The Information Super Highway

WINNING STROKES: THINK DIFFERENT My recommended IRB Infrastructure Ltd moved up to Rs.126.40, before closing at Rs.125.60. The company came out with superb set of numbers for the Q1FY12. Join my Paid Service or my recommended Brokerage house to get a direction in the markets. Those who are joining the brokerage house with Rs.2 lakhs now, the Paid Subscription is free for them for 2 years. Those who have filled the form and is waiting for the Opening of the Equity and Commodity trading accounts, are requested to make arrangement for the funds in between, so that we can start immediately. Those whose accounts have opened are suggested to deposit the funds at the earliest.Thanks to all, for your overwhelming response. I have my taken position in Anant Raj Industries Ltd at Rs.48. I am expecting the scrip to cross Rs.56 in the next few trading sessions. If the RBI goes for a rate cut (which is most likely) tomorrow, to give a boost to the economy, then most of the real estate scrips will s...

Vijay Shanthi Builders Ltd: Buy on dips The scrip of Vijay Shanthi Builders Ltd have formed a beautiful pattern on the daily candle stick chart. The stock will try to clear Rs.20.93 in the next few trading sessions, where  200 DSMA is placed. The scrip is already above its 30 DSMA/DEMA and 10 DSMA/DEMA. The price band of Rs.21-23 is very important, where some of the prime SMAs are placed. It will anyhow clear the 100 DEMA and 150 DEMA in the next few trading sessions. Also, since the company is expected to come up with good results for Q1FY13, most of the marketmen are expecting it clear Rs.21-23 range easily and touch Rs.32-37-41, in the next few weeks. If the RBI goes in for a rate cut on Tuesday (at least 25 bps), which is most likely, then we can expect some Upper Freezes in the counter. Buy in bulk and keep holding.

SEBI fears small brokers used as front in mid-cap crash Some little-known brokers have come under the scanner of SEBI for suspected manipulative activities in stocks by spreading rumours about certain listed companies, including a few mid-cap entities whose share prices fell like nine-pins last week. The regulator is now looking into the possibility of these brokers, whose trading activities have not been material in the past, being used as front entities by some foreign investors, HNI financiers and even company promoters. According to sources, SEBI’s preliminary investigations into the last week’s sharp plunge in some mid-cap stocks have thrown forward certain interesting facts. It may also be rumours to beat down the stocks. However, the regulator has yet not completely discarded the possibility of stocks having plunged due to large-scale sale by financiers having provided funds to promoters or other investors in lieu of pledged shares, as also exit of certain Mauritius-based fu...

European Stocks Climb on Company Earnings, Stimulus Bets By Corinne Gretler - Jul 27, 2012 European (SXXP) stocks climbed as companies from Danone SA to PPR reported earnings that topped analysts’ estimates and amid speculation central banks from Europe to Japan and the U.S. will act to stimulate economic growth. Asian stocks and U.S. index futures gained. Danone, the world’s biggest yogurt maker, advanced 1 percent after it reported higher first-half profit boosted by increased sales of infant-nutrition products in China. European Aeronautic, Defence & Space Co. gained 7 percent as first-half profit jumped 89 percent and it lifted its full-year earnings forecast. European luxury companies rose as booming demand in emerging markets such as China fueled first-half sales and profit growth.The Stoxx Europe 600 Index advanced 0.4 percent to 257.62 at 8:01 a.m. in London. The gauge is still heading toward a 0.3 percent weekly drop amid worse-than-expected economic data in the U.S. and...

High interest rates adding to inflation: Assocham [Now Assocham is saying the same thing, which I have been advocating since the last one year. The RBI has to get over, Dr.Pranab Mukherjee, hang-over and maintain the feel good factor generated after the resignation of the latter. Dr. Mukherjee, the earlier  finance minister, left his position on June 26th to contest the largely ceremonial post of the presidency. Dr Mukherjee, who presented his first budget in 1982, has had a disastrous stint as finance minister this time round, pursuing controversial tax claims against foreigners, including Vodafone; failing to tame the budget deficit; and chairing troubleshooting committees that often fired ordnance at India's own feet. Moreover, during the last few years, inspite of maintaining a hard interest rate regime, most cities have witnessed a huge increase in property rates. The main property markets are Mumbai, Delhi, NCR, Kolkata, Chennai, Bangalore and Pune which had a great ...

Government may ask Coal India Ltd to import coal for power companies [Keep watch on Tata Power Ltd (Rs.93.45), Adani Power Ltd (CMP: Rs.42.45), Reliance Power Ltd (Rs.89.35), KSK Energy Ventures Ltd (Rs.57.25),etc. By accepting the shortage of coal as a major problem, Power Minister said he has already written to Prime Minister. Power Minister said other policy initiatives and reforms are also being undertaken to make this sector attractive. The Power Minister said that the participation of private sector has increased by 6% in 2006 to 29% 2011, and private sector share in generating and distributing will increase more than 50 % by the end of the next five year plan. And power ministry is targeting to add 100,000 megawatt of additional electricity capacity for next five years. Out of projects worth 80,000 MW capacity under construction, some 50,000 MW was being implemented by private developers such as Reliance Power, Adani Group and Tata Power] Please Click on the Photo to Expand ...

Small stocks crash on margin call triggers Palak Shah / Mumbai Jul 27, 2012 Margin funding, used by top traders for leverage play in stock markets, has come under a cloud once again. Brokers in Kolkata and Delhi today offloaded huge positions in select stocks held by some operators who were under the regulatory scanner. This had a domino effect on several small- and mid-cap counters, leading to a crash in their prices. Many stocks, including Tulip Telecom, Pipavav Defence and Parsvnath Developers, crashed 20-40 per cent intra-day. The small- and mid-cap indices on the Bombay Stock Exchange (BSE) fell two per cent each, while the benchmark Sensex slid 1.2 per cent. Traders are under stress after the market regulator Securities and Exchange Board of India (Sebi) tightened norms for derivatives and 51 of the 210 stocks are being moved out of the segment. As a result, margin financiers have been calling for more collateral for the past two days. Also, there were rumours of another report ...

WINNING STROKES: THINK DIFFERENT My recommended Vijay Shanthi Builders Ltd hit the buyer freeze in the late afternoon trade. I have mentioned time and again that according to my close sources, the company is coming up with good results for Q1FY13. Also, the company is completing a number of projects in the next 3-6 months time frame.  A small write-up on the company is already placed at: www.sumanspeaksplus.blogspot.com.  There are some more positive news for the Power Sector and for companies in this space, viz, Tata Power Ltd, Reliance Power Ltd, KSK Energy Ventures Ltd, Adani Power Ltd, etc. There are media reports that the government might ask Coal India Ltd to import coal to meet the ever growing domestic demand and adopt price pooling of international and indigenous coal for supplying to power companies. In a letter to Coal India, the Coal Ministry said, "In the interest of growth of the economy and to increase power generation, efforts are needed to make adequate coal a...

 Great News for Power Companies There is superb news for the power companies, like Tata Power Ltd, Adani Power Ltd, KSK Energy Ventures Ltd, Reliance Power Ltd, etc. Power companies which are forced to import coal despite high costs due to delay/denial over environment and forest clearance of their captive mines, can breathe easy now. The government is planning to allow incremental cost of fuel owing to such forced imports as a pass-through in tariff. Sources, said that the provisions would be included in the standard bidding document (SBD) of all forthcoming power projects. The changes would not only allow power companies to relinquish their commitments under the terms of power purchase agreement entered with state utilities but also get full compensation for increased fuel cost if coal is imported at a highest cost. I hope after this news most of the power companies will move up. Buy Reliance Power Ltd at Rs.93-94 for a target of Rs.109-111, in the short term, as the news is too ...

Why Analysts are Bullish on Anant Raj Industries Narendra Nathan, ET Bureau Anant Raj Industries has reported dismal numbers for the fourth quarter of 2011-12. Its revenue and net profit declined by 30% and 63%, respectively, on a year-on-year basis. However, analysts have hiked their bets on the stock since this performance was triggered by the reversal of Kapashera sales—worth Rs 115 crore and booked in 2010-11—in the fourth quarter. This was because the project was stopped due to an unfavourable notification issued by the Delhi Municipal Corporation. Apart from this, the fourth quarter numbers look healthy due to the decent growth from other ongoing projects. The Neemrana residential project crossed the revenue recognition threshold and the company booked a revenue of Rs.60 crore this quarter. Rental income from commercial/hotel projects also rose to Rs.26 crore from Rs.23 crore in the third quarter due to the improved occupancy of Kirti Nagar Mall. Robust future : Anant Raj Indust...

WINNING STROKES: THINK DIFFERENT Please Click on the Photo to Expand Yesterday's call on Ramswarup Industries Ltd above Rs.6.6, for a target of Rs.7.5-8.5, saw it hit the 1st target in the opening bout. The stock rose more than 12% intra-day. But what is the news in the counter? I have placed a small report on the counter at my Paid Service Blog: http://sumanspeakspremiumservices.blogspot.in. I will place one such scrip on my Paid Blog today. As expected  and as was mentioned in the today's report sent to the Paid Group members (and to those who are trading through my brokerage house) that Nifty might not break 5080--5090 on a closing basis (though there could be intra-day dips)---ditto happened. The report has been placed HERE. Also, the excepts of the report had been sent to Yahoo Group: SumanSpeaks . Anyway, after that a buy was initiated during the penultimate hours, on Nifty at around 5080, the Nifty moved up but did not reach the target. Tomorrow most of the traders ...

Signs of recovery in manufacturing activity By Wang Yanlin CHINA'S manufacturing activities in July could be improving at their fastest pace in five months, the preliminary reading for the HSBC Purchasing Managers' Index showed yesterday. The HSBC Flash PMI for July, the earliest available indicator of China's industrial sector, which is slanted more toward private and export-oriented firms, rebounded to 49.5 from June's final reading of 48.2. Although still under the 50 mark which separates expansion from contraction, the data indicated a fast pace of recovery, said Qu Hongbin, chief economist for China at HSBC. "July's flash PMI data picked up to a five-month high, suggesting the earlier easing measures are starting to work," Qu said. The component indices showed industrial output has grown above 50. New orders, new export orders and employment, although remaining below 50, reported a smaller contraction compared with that in June. ...

WINNING STROKES: THINK DIFFERENT Today Jai Balaji Industries Ltd touched Rs.38.90 intra-day before cooling down a bit. The scrip is trading at some ridiculous price when the Q1FY13 results are expected to be good. Yesterday's call on Nucleus Software Ltd saw it touch Rs.72.70 intra-day. The scrip closed at Rs.69.30. I had placed a brief report on the company at: http://sumanspeakspremiumservices.blogspot.com.  The Nifty yesterday behaved as expected and those who held on to the positions made profits. But then what would the investors/traders do now? Where should one put on their hard earned money? A positive news is that, Chinese factory output suggests that stimulus measures are starting to boost the world's second-largest economy. Chinese economic growth in the second quarter cooled to 7.6 percent from a year earlier, its slowest pace in more than three years, but still way ahead of the United States and the euro zone, which has likely fallen back into recession. The drama ...

" Amma" Fires Missiles at the UPA..!! Please Click on the Photo to Expand Tamil Nadu Chief Minister Jayalalithaa today charged the UPA government with suffering from "policy paralysis" and said it was "so much struggling with internal squabblings" that it could not even look into "livelihood issues" such as the Cauvery river water problem. The AIADMK chief said her repeated pleas to the Centre and Prime Minister Manmohan Singh demanding that the 2007 final verdict of the Cauvery Water Disputes Tribunal be notified in the Central gazette had not been heeded to. "I had written to the honourable Prime Minister on May 19 seeking to convene meeting of the Cauvery River Authority. The Centre has not taken any action. It looks like the Centre has no time to focus on people's issues as it is struggling with internal squabbles created by its (Congress) alliance parties," she said in a statement here. "Therefore, the government is suf...

Real estate prices in Mumbai unlikely to fall: Oberoi MUMBAI: Real estate prices in Mumbai are unlikely to fall due to limited supply, a leading real estate developer said today. "All input costs and raw material costs are going up and supply is constrained due to lack of approvals. Unless supply increases, the real estate prices in the city are unlikely to fall," chairman and managing director of Oberoi Realty, Vikas Oberoi told reporters here. The company has a portfolio of 35 completed projects across Mumbai with about 20 mn sq ft to be developed in the near future, he said. The company is confident of launching its Worli and Mulund projects in Mumbai in FY13. Oberoi pointed out that following the court order, the company is now 100 percent owner of the Worli property and it is awaiting Commissioner's approval. The company is also developing 3 million sq ft project at Mulund, he said. The company has recorded consolidated revenue of Rs 230.79 crore for Q1FY13 as agains...

WINNING STROKES: THINK DIFFERENT Dr. Ben Bernanke will box, the Bears away Jai Balaji Industries Ltd is hitting buyer freezes since the last few days, on some favourable news. One of its mines have already got environmental clearance and is expected to start operation from the end of this year. We had earlier seen the promoters cornering the shares from the open market. There is a report on the company at: www.sumanspeaksplus.blogspot.com . Anant Raj Industries Ltd closed flat with huge volume in a market which was down significantly. The company is on the verge of becoming debt free. The investors are finding value in the scrip. Also, good days are ahead for Vijay Shanthi Builders Ltd, as the company is expected to come up with good Q1FY13 numbers.   Today, a BUY CALL (in the morning it was all sell and sell) was initiated in Nifty Futures (July Expiry) at around 5136--5139 (Please do not get confused: it is Nifty Futures & not Spot) levels around late afternoon, after some...

Join My NEW Brokerge House: Win exciting offer/s!! Special Offer for the HNIs You can join my new brokerage house, with capital as low as Rs.2 (two) lakhs (or transfer the shares worth 2 lakhs from your original brokerage  house, if you are not having the required cash at the moment) and feel the difference. The brokerage would be at par with ICICI Securities Ltd but for HNIs (for Cash Investments above Rs.10 lakhs--not through share) there would be some additional benefits.  The point to be noted here is that: You are already investing through a brokerage house--what you need to do is to simply change your brokerage house and transfer the shares from the original brokerage house to the New Brokerage House. Simple Isn't it? The first 100 fresh joinees will get 2 (two) years of Premium Subscription worth Rs.13, 500 Free, plus 50% deduction on the Premium Yearly Subscription (50% of Rs.7000= Rs.3500) from 3rd year upto 8th year. THEREFORE HURRY UP BEFORE THE SCHEME DRI...

FII inflow into stock markets crosses $10 bn mark Betting high on Indian equities again, foreign investors have poured in over $1.67 billion this month in the stock market, taking their total investments so far this year to more than $10 billion. Foreign investors, who had pulled out Rs 1,957 crore from the Indian stock market in the past three consecutive months (April-June), have infused $1.67 billion (about Rs 9,255 crore) till July 20, according to data available with the Securities and Exchange Board of India. Total investment in 2012 so far by Foreign Institutional Investors (FIIs) in to the Indian equity market stood at $10.17 billion (Rs 51,248 crore), Sebi noted. FII's new found faith for India, however, failed to cheer the broader market as the BSE 30-stock index, Sensex, settled the week ended July 20 with a loss of 120.41 points at 17,158.14. According to experts, the nearly Rs 2,000 crore outflow in the April-June quarter was mainly due to concerns of weak economic...

WINNING STROKES: THINK DIFFERENT My recommended Dish TV Ltd touched its 2nd target of Rs.72 as it kissed Rs.73.20. If you remember, the scrip was recommended around Rs.57. Its 1st target was achieved long back .  Sanguine Media Services Ltd hit the buyer freeze in the opening trade much to the relief of the shareholders. The company now has a brand new management  Adani Enterprise Ltd today touched Rs.204.70 before closing at Rs.195.90, on late profit booking. The stock fell due to some rumours, which the management denied; after which the scrip recovered.   My recommended Tera Software Ltd moved to Rs.65.70, before closing at Rs.65.20. This stock is recommended strongly as a buy at around Rs.53-64 ranges.  Reliance Power Ltd today touched Rs.105.70, before closing at Rs.103.85. There are some positive developments in Uttar Pradesh, regarding its Rosa plant. If you remember, we have Samajbadi Party or SP in Uttar Pradesh, which is looked upon as POSITIVE for the ADA ...

WINNING STROKES: THINK DIFFERENT Vijay Shanti Builders Ltd moved up by more than 8% before closing at Rs.17.05. The Paid Members were strongly recommended to buy the scrip in view of the company doing well. I have long back placed a report at: www.sumanspeaksplus.blogspot.com. The stock needs to cross Rs.20.50 to resume the next level of uptrend and complete the  "W" pattern. I shall post the chart in  http://sumanspeakspremiumservices.blogspot.in/ --this blog will remain open till 8 p.m. tomorrow for the free members (on request the time has been extended). In this blog they will get:  Short Term News, Insider Information, Chartical Interferences, Positional Calls, Market Rumours, F & O Calls, Daily Trading Calls, Brokerage Calls, etc) from time to time, even if they miss my mail due to some reasons. The daily inputs and calls would be uploaded here, for the benefits of the Paid Members or those who have joined my brokerage house or have opened an account w...

Market Mantra Morning Call buy  Adani Enpterprise Ltd at Rs.188.40, T--Rs.197, SL--Rs.182. This call was based on the spot news that: It was just a rumour that the group's head Gautam Adani had been arrested in connection with kidnapping of NCP leader Jayanti Gohil. It IS now trading at Rs.197..............TARGET ACHIEVED........ Accumulate Tera Software Ltd at around Rs.63-64, for a target of Rs.75. There are some positive news in the coming in the counter.  Now buy Vijay Shanti Builders Ltd at Rs.16.50, for the upper freeze (Rs.17.66). The Q1FY13 results of the company should be good, according to my close sources.   From today (18th July, 2012), I have started a NEW BLOG, where the Paid Service members would be able to view, my inputs (Short Term News, Insider Information, Chartical Interferences, Positional Calls, Market Rumours, F & O Calls, Daily Trading Calls, Brokerage Calls, etc) from time to time, even if they miss my mail due to some reasons. This blog wi...

Adani group eyes coal assets in Mozambique for $400 mn: Discussions under way with NCondezi to acquire stake in mine block Reghu Balakrishnan & Katya Naidu / Mumbai Jul 17, 2012 Adani Enterprises, the Gujarat-based Adani group’s flagship firm, is in discussions with the Mozambique-based NCondezi Coal to acquire a minority stake in its coal assets. The deal with the AIM-listed NCondezi is expected to be in the range of $350-400 million (Rs 2,000-2,200 crore). Standard Chartered Bank is advising NCondezi on finding a partner. According to sources in the know, Adani Enterprises is looking to become a strategic partner of NCondezi by acquiring a part of its assets. The acquisition is for its subsidiary, Adani Power, which has targeted a 20,000-Mw expansion plan in the power sector by 2020. “We do not provide comment on market speculation,” said a spokesperson of Adani Enterprises, in response to an emailed questionnaire. An email sent to Hanno Pengilly, chief development officer, NC...

Coal India to consider FSA with power firms on July 31 Amid indications of soon receiving a written communication from the Prime Minister's Office (PMO) in regard to signing of fuel pacts with power firms, Coal India (CIL) board will now meet on July 31 to resolve the supply row with power firms. The coal giant, so far, has postponed board meetings a couple of times including on July 5 and July 10. "The PMO had held a meeting on July 6 to resolve the issues impeding fuel supply agreements (FSAs) with power firms. "We were not able to fix the date for board meeting as we had not received a written communication on the decisions taken in the meeting. Now there are indications the directions will reach us in a day or two. We have fixed the meeting on July 31," a senior Coal Ministry official told PTI. The expected PMO's intervention would come amidst differences between CIL and power companies, including state-owned NTPC, over certain clauses in the FSAs which w...

Planning Commission to meet state power ministers tomorrow NEW DELHI: The Planning Commission has called a meeting tomorrow of state power ministers to address issues such as fuel shortages facing the sector and the weak financial health of distribution companies. Planning Commission Member (Energy) B K Chaturvedi will head the meeting and is likely to discuss these issues that are hampering the growth of the crucial sector with the state power ministers, according to an official. Banks and financial institutions are shy of lending to power projects due to constraints like fuel supply shortage. The meeting is also likely to review the status of the proposals made during the previous conference. Last year, at a similar meeting, the government underlined the need for urgent steps to reverse losses in the power distribution companies. It was decided that state governments would ensure that the accounts of the utilities are audited up to the year 2009-10. They were also to ensure that ...