SumanSpeaks: The Information Super Highway

 WINNING STROKES: THINK DIFFERENT Gammon Infrastructure Ltd closed at Rs.3.35, up 1.52%, after yesterday whirlwind rally in the counter.  The government on Tuesday, 24 October 2017, approved to develop approximately 83,677 km of roads at an investment of Rs.6.92 lakh crore by 2022. The highway construction programme is aimed at pushing economic activity and generating at least 14.20 crore man-days across the country over the next five years. Most of the infrastructure stocks are expected to do well in the short to medium term. HDIL today touched Rs.59.95, before closing at Rs.59.10. The stock if you remember was recommended around Rs.52. The housing stocks are likely to move up in the coming days, as some green shoots are seen in Real Estate sector. There were media reports that investment in India's six major cities doubled to $2.87 billion in the year ended June 2017 as Mumbai attracted maximum capital and was ranked 81st globally, according to Cushman & Wakef...

WINNING STROKES: THINK DIFFERENT Today's Call to the Premium Members, Gammon Infrastructure Projects Ltd at around Rs.2.95, shot up like a rocket and closed at Rs.3.34 in the BSE, up more than 15%; after touching an intra-day high of Rs.3.40. What is the target for the scrip? The Free Call, Kopran Ltd, moved to Rs.71.30 before closing at Rs.69.55 or a tad higher than the recommended price of Rs.69.35. Accumulate the scrip on declines, with required stop losses in mind. Unitech Ltd today moved to Rs.6.49, in the BSE before closing at Rs.6.30. The Supreme Court today said that it will consider granting bail to Unitech Ltd Managing Director Sanjay Chandra after the embattled real estate firm deposits Rs.750 crore by December end. So, from Rs.1000, the Supreme Court judges has trimmed down the deposits to Rs.750 crore,what is the next downward target? But I am not able to comprehend what the judges wants to prove to the world, by keeping Mr.Chandra inside the walls, when he...

Market Pulse Key indices settled on a flat but divergent note, after witnessing intraday volatility on last Friday. The Sensex closed with a minuscle gains of 10.09 points or 0.03% to settle at 33,157.22, while the Nifty settled with a small loss of 20.75 points or 0.2% to close at 10,323.05; inspite of support coming from firm global cues. Moreover, the Sensex settled at record closing high, gaining for the fifth straight day, while the Nifty snapped four-day winning streak. The S&P BSE Mid-Cap index rose 0.28%. The S&P BSE Small-Cap index gained 0.27% - both the indices outperforming the Sensex. The breadth of the market, was positive. On the BSE, 1,389 shares rose and 1,313 shares declined. A total of 150 shares remained unchanged. On last Friday, the Pharma stocks gained. Sun Pharmaceutical Industries (up 3.65%), Cadila Healthcare (up 1.71%), Glenmark Pharmaceuticals (up 1.78%), Aurobindo Pharma (up 1.46%), Dr Reddy's Laboratories (up 2.12%), Alkem Laborator...

Market Pulse Shilpi Cable Technologies Ltd hit another buyer freeze today at Rs.22.50. I have in my earlier post spot of targets of Rs.27-31, for the scrip. As expected and as mentioned in my earlier posts, Aban Offshore Ltd today crossed Rs.200 and is now trading at around Rs.203.10; after touching a high of Rs.206.90. What is the target for the scrip? J P Associated is trading at around Rs.18.50, now. The stock never crossed Rs.22, after a sell call was suggested at around Rs.19-20. Madhucon Projects Ltd, owned by a politician is now trading at around Rs.35.20, after touching a high of Rs.35.95. The stock is up 6.18% today. I have recommended the scrip several times during the last few weeks. If you have bought around Rs.26--27, please book at least 50% of profits on your buy price. Simplex Projects Ltd hit the buyer freeze today at Rs.55.10. The stock was recommended several times in the last few months. This is the 2nd time the stock crossed Rs.53 mark. Many Const...

Market Pulse Shilpi Cable Technologies Ltd hits another buyer freeze at Rs.21.45. Look for targets of Rs.29-31, if Rs.24 is taken out on the upside. Exit Reliance Communications Ltd (Rs.15.85) on the rise, as it seems no positive trigger is working on the whole of the telecom sector; due to government of India's predatory policies. Today, HDIL has touched Rs.57.25, intra-day. I had earlier mentioned that the scrip could make an attempt to cross the zone of Rs.57-57.50. Let us hope for the best. Jai Balaji Industries Ltd hit another buyer freeze today at Rs.16.25. The stock has been hitting consecutive upper circuits since some time. Steel companies are going to benefit from government's massive road building program announced on 24 October 2017. In order to further optimise the efficiency of movement of goods and people across the country, government has launched a new umbrella program. This road building program, for 83,677 kilometers of roads, involves capex o...

Market Pulse 1. My Recommended Jai Balaji Industries Ltd at around Rs.11-12, hit the buyer freeze today at Rs.14.10. I mentioned several times earlier in this blog, that the steel counters are likely to do well in the coming days, as the Indian economy slowly recovers from the twin shocks of demonetization and implementation of the GST without proper framework in place.  2. Unitech Ltd (Rs.6.40) and HDIL (Rs.55), will be  one of the biggest beneficiaries of RERA, as the  law is likely to weed out fly by night operators. This week, HDIL might take an attempt to cross the resistance zone of Rs.67-67.50 -- keep watch. 3. The stock of Reliance Communications Ltd (Rs.17.65), should slowly move towards the natural targets of Rs.21-22, and if it closes above Rs.22.5, then we can again look for targets of Rs.25-27. According to a report in Financial Express, RCom-Sistema Shyam promises Rs.700 crore extra income and 2 million new users for Anil Ambani's telcom ventu...

Unitech Ltd: Few Points 1. The Gurugram-based real estate developer Unitech Ltd (Rs.6.40) which has been reeling under severe debt is seeking to sell six unencumbered land parcels to repay the deposits, as per a report published in Mint.  2. The company will be one of the biggest beneficiaries of RERA, as the act is likely to weed out fly by night operator - it is a serious developer. 3. Unitech has a debt of Rs.6,733 crore and also owes Rs.7,800 crore to 16,300 home buyers across 61 projects. This is much less than DLF Ltd, whose share price is trading above Rs.175.  4. The company has huge land bank, some of them in prime locations. 5. The company's MD is likely to get bail by 30 October, 2017.  6. The season of Real Estate sector has begun and we could see the stock touch Rs.9, once again. 

Winning Strokes: Think Different Today, was another good day for those who traded through my associated brokerage house: BMA Wealth Creators Ltd (www.bmawc.com), as Shilpi Cable Technologies Ltd hit another buyer freeze in the NSE at Rs.22.60. The scrip has been hitting the upper circuits since Rs.17, when I gave a buy call. Those who have invested around Rs.1 lakh in the scrip have already made more than Rs.25, 000 in just few days. Join the Premium Service or trade through my recommended brokerage house with a minimum portfolio size of Rs.1 lakh, to make money from the shares. Today, three buy calls were advocated for my stock market clients : i) Unitech Ltd at around Rs.6.30-6.40, on the expectations of some positive developments  by 30 October, 2017. In July this year, there was a report that Manish Lakhi purchased 1.54 crore shares of the company or a 0.6% stake for Rs.6.46 each. On that news the scrip made an intra-day high of Rs.7.82 on that day....The stock...

Market Pulse The Sensex witnessed its biggest ever fall during a Muhurat session on Thursday -- this much for the "Jumla Government" at the centre with "Tughlaquian" mindet. There is no news in the media regarding Jay Shah's firm as the BJP goes "Ga, Ga" over "Fake" scam - free rule.  The BJP is going to elections in Gujarat with a shoddy economic card -- but then as long "Brain Dead" voters are there, behind the "Juma Brigade" in Gujarat and elsewhere, the party could sail past the majority mark in the future elections -- with two crooks continuing to rule the minds and hearts of some Indians. CPI(M) general secretary Sitaram Yechury today termed the NDA government's demonetisation move as the "biggest diabolical method of money laundering" and said it had converted all black money into white. Hitting out at the Narendra Modi-led central dispensation on the economy front, he said government's...

WINNING STROKES: THINK DIFFERENT Yesterday, Idea Cellular Ltd (Rs.90) touched Rs.91, intra-day. So, both the short term targets given on this blog has been achieved in just a couple of days Those who have made money in the scrip, should send me.....what??!! You decide....LOL. However, you can always share 10-15% profits with me, if you have made money through my recommendations in this blog... My Recommended HDIL yesterday touched Rs.56.65, before closing at Rs.55.80. I am soon expecting a break out above Rs.57.50 if this rally continues.  Energy Development Company Ltd (Rs.21), did not close below the immediate support levels, on closing basis; though it went to Rs.20.10, during the intra-day. What to do with the scrip? There is not stopping of Shilpi Cable Technologies Ltd as the stock hit another buyer freeze yesterday. The scrip closed at Rs.19.70. I recently recommended the scrip to the Paid Members, at around Rs.17 -- after that the stock is hitting continuous...

WINNING STROKES: THINK DIFFERENT Yes, it was another good day for the bulls as the  Nifty made a new record high, after it broke out of trading range with buying across segments. The Nifty managed to close above 10,200 mark after two and a half months.  The rally in the market is likely to continue till the Deepawali, following which the much anticipated correction could occur. However, the causes of worry is that the stock of RIL closed flat at Rs.875.20. Shilpi Cable Technologies Ltd (Rs.17.70) was locked in the UCs till the end the day. You should accumulate the scrip on intra-day dips. Idea Cellular Ltd recommended in this blog today at around Rs.81, soared to Rs.83.55 today. The stock is moving towards Rs.87-91.  Energy Development Ltd (Rs.21.05) today broke a major support level. If Rs.21, does not hold, then the stock could test the intermediate low made at the beginning of this month. HDIL today closed flat at Rs.55.70. I am expecting the stock t...

Market Pulse Shilpi Cable Technologies Ltd recommend on last Friday at around Rs.17, hit another buyer freeze at Rs.18.70. Where is the stock heading? Join the Premium Service and get 24x7 assistance over Whatsapp, E-mail and even through Mobile phones. I will recommend another such stock either before Deepawali or next week. Those who will opt to trade through my associated brokerage house  BMA Wealth Creators Ltd  with a minimum portfolio size of Rs.1 lakh, will get the name of that scrip, which is also likely to cover the cost of your Premium Subscription (if you are not interested to trade through my recommended brokerage house), if you invest Rs.1 lakh in that stock.  Energy Development Company Ltd today touched  an intra-day high of Rs.23.50 and intra-day low of Rs.21. It is now trading at around Rs.22.55. As long as the scrip does not break Rs.21.60 on closing basis, there is no cause of worry for the bulls.  Gitanjali Gems Ltd today touched...

WINNING STROKES: THINK DIFFERENT Yesterday, was another good day for Premium Members, as Shilpi Cable Technologies Ltd was recommended a buy before the market opening. The stock came down to Rs.16.55 giving ample opportunities to the Paid Members to enter. The scrip at the end of the day again hit the Upper Circuits at Rs.17.85, much to the joy of the Paid Members. What is the Buzz in the scrip? Join the Premium Group or trade through www.bmawc.com with a minimum portfolio size of Rs.1 (one) lakh and get 24x7 assistance, through Whatsapp, E-mail and even through Cell, in emergency situations.  After my sell call on Unitech Ltd at around Rs.7.40, the stock could never cross Rs.8. Yesterday the scrip closed at Rs.6.30 in the NSE. Similar is the case with Future Enterprises Ltd, after my sell call around Rs.54-55 - it was never been able to close above this range. The stock of Future Enterprises Ltd closed at Rs.50.35 in the NSE yesterday. Gone are the days, when every Tom, D...

WINNING STROKES: THINK DIFFERENT In the morning write up, I mentioned about identification of 5 scrips which could give good returns to the traders in the short term. These scrips was given to the Paid Members and also to those who are trading with a minimum portfolio size of Rs.1 lakh, through my associated brokerage house, yesterday night and today morning before the market opening. Now let us look at these 5 scrips and their performance today, in the bourses: 1. Videocon Industries Ltd (Rs.16.65), was recommended a buy at the opening bell at 9.15 am. The scrip gave scope for the traders in the opening hours to enter before hitting the upper circuits. 2. Energy Development Company Ltd was given a buy at Rs.18.50, with a SL at Rs.16.40 on the news of Indian Energy Exchange IPO. The stock hit the upper circuits at Rs.20.45 in the BSE. Where is the stock heading? 3. Gitanjali Gems Ltd was given a buy with a short term target of Rs.82. This is a no-brainer as most jewel...

Market Pulse It has  been long that I  have posted in this blog, after an attack of Malaria. The disease takes a toll on Photo : missrsterczek.com your health and makes a person very weak. I am slowly recovering from the sudden blues.  Anyway, the market, after a brief correction  is moving up basically due to Reliance Industries Ltd [Rs.837.05] and some metal shares like Tata Steel Ltd [Rs.691.45]. There is no guarantee how long this forced rally will continue as the markets are likely to open in a negative note today, tracking the global markets. According to the latest media reports: Reliance Industries Ltd has decided to exit one of its three upstream shale gas assets in the US for $126 million. RIL had bought a 60% stake in it for $392 million in 2010. So, how the shares of Reliance Industries Ltd are rising, even after this loss and due to its telecom brinkmanship in RJio is a question!! Anyway, I have identified 5 (five) stocks for the client...

Tit - Bits 1. J P Associates Ltd (Rs.19.25), still has a debt of around Rs.30000 crore; against this, it has an order book of around Rs.10,000 crore. The share price has a face value of Rs.2. There were talks of two crucial deals -cement sale to UltraTech for Rs.16,200 crore and the Rs.13,000-crore land bank arrangement with the bankers, but nothing happened till now. Do you think that the shares of a company which has so much  debt can trade at around Rs.100 (if we take Rs.10 as the Face Value)? Exit!! 2. Reliance Industries Ltd (Rs.822.45) continues to get pumped up by the vested groups, even through the International crude oil prices are not going anywhere and its telecom segment is making losses. The stock could see sudden correction. When the shares of RIL starts to rise continuously, it means we are at the end of current rally...  3. Reliance Communications Ltd (Rs.17.05), says the application for withdrawal of tower biz demerger filed on Oct 3, RITL tower de...

Market Pulse I am still not well, though a little better than before. The treatment is going on, in KEM Hospital Ltd, Bombay whose doctors/nurses, including the entire administration is generally rude and unsympathetic; like many of the government hospitals in India -- unless we go suited and booted in an Audi...Huh!! Apart from that, its medicine OPD closes too early -- that is also a hindrance.  The entire hospital is being run by Junior doctors who prescribe medicines and tests, at will. In other words its service has deteriorated too much, since I first visited in 2011. May be: an increase in a number of cases, due to exorbitant charges in private nursing homes is one of the causes -- but that cannot be an excuse from the part of the government of Maharashtra to give basic medical facilities to its people -- especially from those from the underprivileged sections of the society; who cannot afford the fees of the  private nursing homes. Mumbai Metropolis (its suburbs an...

An Important Notice and Market Pulse I have been diagnosed as suffering from Falciparum Malaria, caused by Plasmodium falciparum - the deadliest parasite in humans, causing a conservative estimate of one million deaths every year. The doctors of Bombay's reputed King Edward Memorial Hospital or KEM Hospital prescribed me R-Nate Forte (Artemether & Lumefantrine) and a series of other drugs and tests. Since, I am seriously ill, I will take leave  from Facebook for sometime. However, I will update the free Finance Blog from time to time. Now coming to the share market, I feel the  market is ready to go down further as the implementation of GST without a proper framework is likely to create more disruptions, especially in the SME sector, hitting the rural economy badly; which provides the basic labour force for such space. The whole economy has been rattled by the twin miseries. The large corporate  players like L&T  are delaying salaries, while the SME...