Winning Strokes

I've been thinking to update the blog, but due to a lot of extraneous reasons, especially on account of my preoccupation with the content writing domain, I was not able to do the same. 

I have the privilege to announce that I have now ventured into the #Pharma #Content #Writing space, after trying my hand in IT/Core Engineering, Lifestyle and Architectural domains. 

The #Pharmaceutical #Space at the moment, I believe could throw up a lot of opportunities in the Content/Copy Writing Space; due to the nagging effects of Covid-19 pandemic.

I feel you know that I had at the end of last year, started taking up contracts on Ghost Writing (Fiction and non - Fiction). If you are looking to Gosht write an e - book you can contact me directly, mentioning the broader contours of the plot.

Hence, due or such activities, my freedom to move about in the other domains got shrunk considerably, especially the #Financial #Blog #Writing arena. But, don't worry I'll continue to update this blog on intermittent basis; in tune with my changed investment strategy of sticking to a few Scrips only instead of tying to grab opportunities arising out short term punting, on several shares.

Meanwhile, the BSE Sensex closed at 48,253.51 down 465.01 points (-0.95%) while the Nifty50 ended the day at 14,496.50 down 137.65 points (-0.94%). The Nifty is finding difficulty to cross 15500 range on the upside and on the downside it may test 14200/14300 ranges. With no immediate positive cues coming there are more likelyhood of Nifty testing the intermittent bottom. 

#There are some good news for the shareholders of Future Retail Ltd (Rs.50.25) as according to Live Mint:

The Supreme Court has deferred the hearing of the Amazon-Future dispute by nearly two months to 28 June as it attends to more pressing matters amid the raging viral pandemic.... The delay may come as a temporary setback for Amazon since it will buy Future Group and RIL two more months to work towards their proposed deal and realign operations, restructure businesses and transition Future Group’s staff and retail stores such as Big Bazaar and fbb. The Supreme Court has so far not stopped the two parties from working towards the deal.

The deal between the Future Group and the Reliance according to my understanding is likely to go ahead as the argument of Amazon is standing on thin ice. I'm expecting the share to double by the end of Deepawali. You can continue to Accumulate.

#Those who are stuck up in the share of Jai Balaji Industries Ltd (Rs.54. 65) since some time should look to book profits and exit the counter. The steel stocks have been moving up since the last few days piggybacking on strong global recovery in commodities. The punters are betting that elevated commodity prices are likely to result in a deleveraging cycle, that could significantly address the problem of high debt in the sector.

#You can buy the shares of Adhunik Industries Ltd (Rs.24.40) in market dips on its journey towards 100D EMA at around Rs.21.90. The company has commenced operations in its Durgapur, Bengal plant after Nationwide Lockdown due to Covid-19 pandemic forced it to close its operations at the beginning of last year.