SumanSpeaks: The Information Super Highway

  Winning Strokes  First of let me tell you that because of my injury in left hand, I'll be posting updates only in blog and occasionally in twitter. The new Blogger interface has become worst, after Google made some changes.  Also, I'll commence writing a book on Machine Learning (Read AI+ML) as a Ghost Writer for an overseas client , from next week (I'll sign the formal contract this week) in addition to the content I provide to the domestic and overseas companies (US + UK basically), plus my other Ghost writing assignments.  Hence, it would be difficult for me to update this blog too often. Therefore, I feel it would be prudent if you join my Premium Subscription package and remain ahead of others in the information front (Don't worry about the price of Rs.18,000 per year. Pay what is affordable for you and join my team).  Or you can join my #Crorepati #Scheme and get the best guidance to become a multimillionaire over a given period of time, through various...

Mukhesh Ambani's AGM and Den Networks Ltd Some of my friends are disappointed that in the recently held AGM, Mukhesh Ambani didn't spell out much for its Broadband, Cable TV business & its media wing TV18.  Photo: 1 : My Brand Book But the news is already there in the public domain:  #Facebook will invest Rs.43,574 crore in Reliance Jio Network.  Now look at this: Den Networks (Rs. 57.90)  is into Broadband & Cable TV.  Moreover, the combined strength of Den Networks (Rs.57.90) & Hathway Cable is 27,000 - plus LCO partners who act as the touch points to 15 million - plus households. Photo:2: Zee Business  The figures are set to increase further as more and more cities are covered by them.  This is already a massive figure & RJio's collaboration with Facebook who are investing Rs.43,574 Cr will give further muscles to these two companies.  Isn't it amazing? Just think.... 😊😊  You should therefore accumulate the shares of De...

Winning Strokes  When this report is being made the BSE Sensex was seen at 52,538.78 up 232.70 points (+0.44%), while the Nifty50 was trading at 15,743.85 up 56.90 points (+0.36%). The Nifty is likely to move towards 15900 in the coming days. The festive season has kicked with Eid and the market is expected to continue to show bluish undertone till Durga Pooja.  # Patel Engineering Ltd (Rs.19.50 ) seems to have completed its correction from the Rs.23.30 (new 52- week high) levels and is all ready to move up once again. Those who have not booked profit can average at the CMP. Also fresh delivery positions can be taken. We can look for short term targets of Rs.27/30 in the coming days. Accumulate on declines.  #The stock of Future Retail Ltd (Rs.66.30) is consolidating between Rs.67/68. The stock should soon move past Rs.100, as its online business has clicked with 50,000+ plus orders per day. The investors are strongly suggested to Accumulate the scrip.  The attached ...

Winning Strokes  The BSE Sensex closed at 52,574.46 up 230.01 points (+0.44%), while the Nifty50 ended the day at 15,746.50 up 63.15 points (+0.40%). The Nifty could be moving towards 15900 in the coming days. The Nifty is above its 50D, 100D, and 200D EMAs, indicating long term bullishness. #Today my recommended Patel Engineering Ltd made a new 52 - week high today as it braced Rs.22.75, intraday. The stock closed at Rs.22.15, up 11.87% in the NSE. Though today it broke out of the high made in January - February period in 2020, the oscillators are looking highly overbought. Hence, short term investors can look to book some profits. #My strongly recommends Future Retail Ltd (Rs.68.45) , hit the upper circuits today in both the bourses. The Company's online business has clicked and now it doesn't matter whether Reliance or Amazon takes over - but whoever takes over, the company is set to gain. The fundamentals are going to improve considerably in the coming days. The investors s...

Quarterly Results: Patel Engineering Ltd CMP : Rs.15.05 The Net Loss of Patel Engineering  in the quarter ended March 2021 came out to be Rs.17.35 crore as against a net loss of Rs.62.48 crore during the previous quarter ended March 2020 - - showing an improvement in performance.  Sales rose 30.30% to Rs.623.50 crore in the quarter ended March 2021 as against Rs.478.50 crore during the previous quarter ended March 2020. However for the full year due to the Covid-19 impact the net loss came as Rs.138.39 crore in the year ended March 2021 as against net profit of Rs.37.16 crore during the previous year ended March 2020.  Sales declined 26.31% to Rs.1719.12 crore in the year ended March 2021 as against Rs.2333.06 crore during the same period.  Bottomline : Patel Engineering came out with a reasonably good results for the March, 2021 quarter inspite of Covid-19 pandemic. As the The effect of the pandemic ebbs, we will see further improvement in both its top and bottom li...

  Winning Strokes The BSE Sensex was seen at 52,516.84 up 216.37 points (+0.41%) while the Nifty50 was trading at 15,789.95 up 52.20 points (+0.33%). The markets are likely to consolidate around the current ranges, with not much downside seen in the near term. #Buy Patel Engineering Ltd near the CMP of Rs.15.30/Rs.15.35, for short term targets of Rs.21/29/32.  Patel Engineering's work includes tunneling, underground works for hydropower generation, irrigation and urban infrastructure projects. One time settlement with its lenders and good order book positions is likely to take this Re.1, F. V. scrip to above Rs.50 in the medium term and Rs.100 in the medium to long term. Also, Patel Engineering Ltd is one of the companies which saw the highest increase in DII holdings in percentage terms in the last quarter.  #The shares of Future Retail Ltd hit the upper circuit at Rs.60.05. As mentioned umpteen number of times, the scrip is likely to cross Rs.100, by this Deepawali. #...

Winning Strokes  The BSE Sensex was trading at 52,243.67 down 107.17 points (-0.16%), while the Nifty50 was seen at 15,725.20 down 33.35 points (-0.17%). The markets are consoludating at the current ranges, in absence of any major trigger. #The shares of Future Retail Ltd (Rs.53.65) touched a high of Rs.54.50 today. The Company's fundamentals have started to improve post its new initiative of going online with its products. You can look for targets of Rs.100 - plus post Deepawali. #The shares of Reliance Capital Ltd (Rs.17.75) hit another consecutive upper circuit today. It has already reached my 1st target of Rs.17. #Join my #Crorepati #Scheme, if you have an investable fund of around Rs.2/3 lakhs. For details you can send me a mail at: suman2005s@rediffmail.com.  #Buy the shares of BCPL Railway Infrastructure Ltd near Rs.54.70/55 for short term targets of Rs.71/72. The current dominent theme in the markets is of  opening up of Nationwide Lockdown. One sector which su...

  Winning Strokes When this report is being made, the Indian bourses were seen trading flat. The BSE Sensex was seen at 52,142.55 up by a marginal 42.50 points (+0.08%) while the Nifty50 was trading at 15,710.10 up 39.85 points (+0.25%). The markets are likely to consolidate on the current levels as the India starts to open slowly post Covid-19 imposed Lockdown. The investors and traders are suggested to concentrate on individual counters. Photo : Live Mint #The stock of Future Retail Ltd (Rs.53.05) has corrected a bit intraday, after touching a high of Rs.57.50.  Also, there was in Live Mint news that the Singapore International Arbitration Centre (SIAC) has decided to hear the high-profile legal case between Amazon.com NV Investment Holdings Llc and Kishore Biyani-promoted Future Group over the latter’s ₹24,713 crore deal with Reliance Industries Ltd on 12 July. But this is now of academic interest, after the company went online with its products and the fundamentals startin...

  Crorepati Scheme  Those who want to join my #Crorepati #Scheme, should send me a mail, mentioning their portfolio sizes at: #suman2005s@rediffmail.com, or #sumanm2007s@gmail.com There will be no trading in your demat accounts and no F&O - only delivery based trades --> maximum care is taken to protect your portfolio. This new formula or modus operandi is showing good successes rate, to the investors. #Minimum #Portfolio #Size: Rs.2/3 lakhs. #Maximum Portfolio Size: No limits, but above Rs.1 crore (Rs.10 million), the sharing ratio will be 80 : 20 and above Rs.50 lakhs (Rs.5 million), the sharing ratio will be 75 : 25. For the rest it will be: 70 : 30. I'm coming up with another short term momentum counter for the new joineees of my #Crorepati #Scheme and for the Premium Members. So, get prepared for the blast.    Photo : The Financial Express. Cheers!! P. N: This is #NOT a #PMS Scheme.

  Winning Strokes  Today the Indian Stock market tanked following a rise in the unemployment figures. The BSE Sensex was trading at 51,480.25 down 454.39 points (-0.88%), while the Nifty50 was seen at 15,469.45 down 105.45 points (-0.68%). The sideliners were looking for some correction to enter and fresh money is expected to pour in the bourses, especially after a fall in the number of fresh Covid-19 cases. However, with the talks of a fresh round of stimulates coming from the NDA government is being heard in Dalal Street, the Nifty is not likely to go for huge batterings from this level.  Also, there are recent media reports that nearly half of India is reporting a less than 5% test positivity rate, the Centre said, suggesting the peak of the second Covid-19 wave has been crossed, and the disease transmission has largely stabilised. I see Nifty50 to get likely supports at around 15200/15300 ranges. #The scrip of Future Retail Ltd (Rs.47.85) is now likely to storm ahead...