Winning Strokes

Buy the shares of SKM Egg Products Ltd (Rs.79.35) at around Rs.79-80, for short term targets of Rs.91-97. The company is basically into exports of Egg Products. The INR is depreciating heavily against the USD, this will help the company generate more revenue in term of forex. Apart from this there are media reports that the company is looking to increase its market share from 5% at present to 15% by 2022. SKM Egg, is touted to be India's largest egg producer. It recently launched the "Best Egg White Cube", a revolutionary ready to cook and eat natural egg protein produced under SKM Best brand. The company processes 1.8 million eggs everyday in its EU certified plant and conforms to ISO 22000, BRC, Kosher and Halal Certification requirements. 
Situated about 20 kms from Erode, in Cholangapalayam village, SKM’s 35-acre facility, also in pristine white, looks as much state-of-the-art from the outside as inside. But it is these best-in-class quality standards inside that have put them on the world map and ahead of global competitors.
During the current fiscal, the firm would be investing ₹18 crore in modernisation, expansion and new products. About ₹10 crore had been set aside for modernisation, ₹5 crore for new products and rest for expansion. Promoted jointly by Tamil Nadu Industrial Development Company, this firm has six breaking machines in Erode with an installed capacity of 7,000 tonnes per annum, operating at 70% capacity. Out of the six breaking machines, three will be replaced with big machines and balance refurbished.

Those who are holding the shares of Bhusan Steel Ltd should look to exit if Rs.29 is broken on the downside. You can again enter the scrip when it comes above Rs.29. However, the long term investors can hold the scrip with a SL at Rs.22. 

Vakrangee Ltd hit another buyer freeze at Rs.63.70 in the BSE. The stock has almost doubled from the recommended price of around Rs.33-34.

The shares of 3i Infotech Ltd (Rs.4) is not going anywhere since the last few months, inspite of the company coming out with positive responses in the media. I would suggest the short term investors/traders to not to take fresh positions in the counter or average and exit out near Rs.6.30.