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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
Reliance Communication Ltd showed good upmove today, closing near Rs.51. We can look for targets of Rs.57-61 very soon.

Unitech Ltd closed flat today, after massive upmovd yesterday. The stock is headed tpwatdd Rs.12 in the coming days.

As expected Shrenuj & Co (Rs.2.30) hit the buyer freezes in both the exchanges. The company is preparing to rake in moolah from the on going festival season.

Today my recommended Reliance Defense and Engineering moved above Rs.71 to close at Rs.68.85. Unless Rs.67 is broken on the downside, the stock could be held by medium term investors. The short term traders might have booked some profit, near the first target of Rs.71.

The stock of Rolta India Ltd was recommended today, at Rs.64.10 for short term targets of Rs.71-75. The company is having a board meeting next week.

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