Winning Strokes

#The BSE Sensex was seen trading at 60,129.74 up 273.81 points (+0.46%) ,while the Nifty was last seen at 17,888.70 up 83.45 points (+0.47). The markets will continue to remain buoyant before the upcoming budget, where the FM, Nirmala Sitaraman jas spoken of giving more importance to spending rather than on maintaining fiscal tightening (prudence). The Nifty is expected to reconquer 18100/18430 ranges.

#The domestic bourses are on a roll. If you have a portfolio Size of Rs.1/2 lakhs, you can join my #Crorepati #Scheme and take advantage of my years of experience in the stock markets; to maximize your returns from it. For more details, kindly send me a mail at: suman2005s@rediffmail.com.

#Buy the shares of the RBL Bank (Rs.129.70), which has come down some attractive levels after the recent correction. In order to alleviate fears of the investors, the RBI has declared the Bank as Stable. The Indian Central Bank itself highlighted that the bank is well capitalised, with a high liquidity coverage ratio. 

RBL Bank's total deposits stood at Rs73,637cr in Q3FY22 rising by 9.61% from Rs67,184cr in the same quarter last year.

The lender's CASA stood at Rs25,316cr in Q3FY22 up by 21.32% yoy. CASA ratio came at 34.4%.

The bank's retail deposits and deposits from Small Business customers were at Rs27,871cr in Q3FY22 increasing by 14.16% yoy.

The lender's Liquidity Coverage Ratio comes at 146% in the December 2021 quarter.

Moreover, due to the spurt of the cases of Omicron, the RBI may defer the rate hike in the immediate future. This is positive for the whole of Automobile, Banking and Construction sectors.

Hence, this is the time to lift it's shares at dirt cheap price.

#The stock of Orissa Mineral Development Company Ltd (Rs.2792.95) made a high of Rs. 2924.80. The stock has a long way to move upward. Accumulate in market Declines. 

#The scrip of Marshall Machines Ltd (Rs.41), a poineer in CNC Technology made a high of Rs.42.85 today. The company's technology can be used in making Electric ⚡ Vehicles. It has a healthy order book of around Rs.54 Crores.

#The shares of my old favourite, A2Z Infra Engineering Ltd (Rs.10.85), a play on the Electric ⚡ Vehicles space is doing well today, after dipping to Rs.10, intraday. 

A2Z Infra Engineering, boasts of setting up Asia’s biggest single location Integrated Resource Recovery Facility (IRRF) at Kanpur. 

The scrip could hit upper circuit today. Keep watch!! 

#Start accumulating Future Retail Ltd (Rs.50.55), since it is all over for Amazon. It seems Mota Bhai, will not allow it to weild its influence in Future group stocks. Already there is a penalty of Rs.200 crore on Amazon, plus huge legal expenses.

It can't continue in this way -- logic says, good days are simply at arms length for the Future Retail Ltd (Rs.50.55).