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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 2006 Governance · Regulatory Risk Reliance Power: When Legal Clouds Gather Over Market Euphoria ₹20,367 crore attached across the Reliance Anil Ambani Group. A ₹68.2 crore fake bank guarantee at the centre of it. A former CFO in custody for ten months and counting. And a stock that's still down more than half from its 52-week high even after a sharp rally. The market is pricing the turnaround. The Enforcement Directorate is pricing the history. Both can't be right forever. Reliance Power Ltd (₹24.07) has genuinely turned a corner operationally over the past two years — debt reduction, a growing renewable and BESS order pipeline, and periods of sharp investor re-rating. That part of the story is real and deserves credit. But sitting underneath that story is a live,...
WINNING STROKES: THINK DIFFERENT
In the morning inputs to the Paid Group, it was mentioned that if the Nifty_Spot can hold above 6220 on the upside, then  it might manage to cross 6240 during the days. The Nifty rose to 6245.95 intra-day, before closing at 6238.80 with a gain of 38.75 points. Also, the stock from the automobile sector which was recommended yesterday night, hit the buyer freeze today at Rs.58.40. The  name of the scrip will be disclosed tomorrow evening. Today, I could recommend another stock from the small cap space to the Paid Group members and to those who are trading through my recommended brokerage houses. In these kinds of markets the best strategy is to buy and keep holding, the profits are expected to come, if your choice of stocks are right, be it Manappuram Finance Ltd (Rs.22.85, recommended at Rs.18 and Rs.15) or BF Utilites Ltd (Rs.543.30, recommended at Rs.129) or MCX Ltd (Rs.524, recommended at Rs.264). 
BHEL recommended around Rs.148-149, today touched the 2nd target of Rs.162, as it hit an intra-day high of Rs.162.50. The closed at Rs.162.05 with a gain of 1.63%. You can either stay put in the stock with a SL of Rs.157 or put the same money in HINDALCO Industries Ltd at Rs.98.35. There were some reports that probably, the inter-ministerial group has cleared Mahan coal block in Madhya Pradesh, jointly held by the company, Essar Power, and DB Power, to be retained by the companies on having secured forest clearance. The immediate target is Rs.107. The SL is now Rs.97--you can take a risk of Rs.2 on closing basis and invest in the scrip. 
There is no stopping of P C Jeweler Ltd, which touched the 6th target today at Rs.103 and is  now moving towards the 7th target of Rs.109, if it is able to clear the stiff resistance zone of Rs.104-105. The scrip today closed at Rs.103.45, with a gain of 2.32%. Shree Ganesh Jewelry House (I) Ltd which was strongly recommended today to the Paid Group members, closed with a gain of 1.66% at Rs.27 .55. 
Tulip Telecom Ltd after it was recommended on Monday, hit another buyer freeze at Rs.4.09. The company is likely to be taken over by a turnover expert. Also, Entegra Ltd which repeatedly recommended here in this blog today closed at Rs.4.12. This stock will also double your returns in the next few weeks time frame. Even if you have not bought the scrip, please buy it and keep holding. 
Meanwhile both Allied Digital Services Ltd (Rs.13.77) and Glodyne Technoserve Ltd (Rs.7) closed with gains on the bourses today.  

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