Image
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
Mandhana Industries Ltd hit another buyer freeze at Rs.8.90. The stock nearly reached my first target of Rs.9.

D B Realty Ltd touched Rs.42.40 today as it closed at Rs.41.65. I have a short term target of Rs.51 for the scrip. 

The name of scrip in which some investors put Rs.3-5 lakhs is Simplex Projects Ltd. I had mentioned earlier, that the name starts with the letter "S". The stock has been hitting the circuits since Rs.37-38. Today, it hit another buyer freeze at Rs.47.55. The stock has already given a return of more than 25% from the recommended price.. I have another such scrip, if anyone is interested then please do let me know at: suman2005s@rediffmail.com.

Aban Offshore Ltd today touched my short term target of Rs.185 (Intra-day high of Rs.186.45), before closing at Rs.182.85. The short term traders are suggested to book at least 80% of profits and hold the rest with a SL of Rs.81.60.


Comments

Popular posts from this blog