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 closed  at Rs.6.38 in the BSE.
The Gurugram-based real estate developer Unitech Ltd 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.
The company in its annual report said that it is making best possible efforts to sell land parcels set aside for repayment of the deposits to comply with the orders passed by the National Company Law Board (NCLT) and National Company Law Appellate Tribunal (NCLAT) to repay all public deposits along with interest in the course of time.

ii) Reliance Communications Ltd was recommended at around Rs.17.40, on the media report that the long awaited merger between the company and Sistema announced in 2015 is finally coming to a close. The deal has received its final approval from the Department of Telecom on Monday. “RCom spectrum portfolio will be enhanced by 30 MHz, valued at Rs 7,400 crore as per latest auction prices,” the company added. The share closed at Rs.17.70 in the BSE, up 7.60% on closing basis. The scrip touched Rs.17.95, intra-day.

iii) The name of 3rd stock which is trading near Rs.37-38, will be disclosed later. 

Energy Development Company Ltd today touched Rs.23.65, before closing at Rs.22.10. This Amar Singh - Jaya Prada - company is finding difficulty to cross Rs.23-24, zone. 

Gitanjali Gems Ltd tanked further today at Rs.65.40 before closing at Rs.66.30 in the NSE. If you remember, a sell call was suggested for the scrip at around Rs.70-71.

Future Enterprises Ltd fell further to Rs.48.25, before closing at Rs.49.30, in an otherwise charged up market. The scrip broke a major support and has the chance of more correction.

Two Free Commodity Calls from my associated Brokerage House:

i) Intraday Call: Sell Crude Oil around the CMP of Rs.3398, Target: Rs.3366, Stop Loss above Rs.3416.
ii) Intraday Call: Sell Natural Gas around the CMP of Rs.195.70, Target: Rs.191.80, Stop Loss above Rs.197.60.

Also, those who have applied for DEMAT account, in my recommended brokerage house/s, should compulsorily send a scanned copy of your Aadhar Card, as per latest official guidelines.  You can send the same either to the company directly or send to my e-mail address: suman2005s@rediffmail.com or sumanm2007s@gmail.com. Moreover, those who are already having an account with the same brokerage house and have yet not updated their Aadhar Card details, are requested to do the same ASAP, to avoid suspension of the account, followed by inquiry by the authorities. 

Besides, those who have finished sending me the enclosures along with the filled up Demat Forms, should give me sometime to clear the "Deepawali" backlog. In between, make arrangements either to transfer shares worth Rs.1 lakh in the newly opened Demat account or deposit a cheque of Rs.1 lakh in the designated branch at the earliest, so that you can join me without much delay.