Winning Strokes

The BSE Sensex is now seen at 55,768.65 up 387.48 points (+0.70%), while the Nifty was last trading at 16,608.75 up 86.00 points (+0.52%). The Nifty is likely to travel towards 17700 in the coming days, as China eased Covid - 19 restrictions.

#The stock of Coffee Day Enterprises Ltd (Rs.49.70) hit the Buyer Freeze in the mid afternoon trade. Accumulate for targets mentioned earlier.

#Those who have a minimum portfolio size of Rs.1 lakh (Rs.50,000 offer has expired) can join my profit sharing arrangement. For this they should send me a mail at: suman2005s@rediffmail.com. 

They need to compulsorily open a Demat Account in my associate brokerage house. The earlier system of trading through any brokerage house has been withdrawn, due to foul play of some of the participants.

The money will be invested in delivery based safe calls and the risk will be minimum.

#Another of my old favourite Shriram EPC Ltd (Rs.9.20) is up around 7% today.

#The stock of Canara Bank Ltd (Rs.111) moved to Rs.113, intraday. Hold for targets mentioned earlier.

#Buy Trident Ltd near Rs.46.80/46.90, for short term targets of Rs.55/56. SL: Rs.41.

Trident Limited, is the flagship Company of Trident Group, a USD 1 billion - plus Indian business conglomerate and leading global player in home textiles. The company has been on an expansion spree, opening exclusive showrooms across the country. The tally of Trident’s exclusive showrooms across India till April last year was  18. Company further plans to take the count of exclusive showrooms to 45 by the end of 2022.

This retail division of Group Trident has been into existence since 1996. Starting the retail division with Tanishq jewellers (TATA Group), the company has now expanded wings in several segment like Siemens, Miele, Hafele, Bora home Appliances, Hacker Kitchens German made, Eternal Gandhi, Fabindia and Pantaloons.

Headquartered in Ludhiana, Punjab, Trident Limited is vertically integrated textiles (Yarn, Bath & Bed Linen) and Paper (Wheat Straw-based) manufacturer and is one of the largest players in the Home Textiles space in India.

Supplying national, captive, and retailer owned brands; the organization is highly decorated with awards from its customers, vendors, and various government entities in recognition of advancing the highest standards in product quality, social responsibility, and environmental stewardship.

The Company operates in two major business segments: Textiles and Paper with its manufacturing facilities located in Punjab and Madhya Pradesh

#Vodafone Idea Ltd (Rs.9.55) is a sure shot buy for a target of Rs.11/12/15.

#RBL Bank Ltd (Rs.108), may not move up till the case of CMD is sorted out. You can partially (say 40%) of your holdings.

#Suzlon Energy Ltd (Rs.9.70) is also doing well today. 

#Indowind Energy Ltd (Rs.15.40) is consolidating at the current price for the next the next level of upmove.

#My yesterday's recommendation 3i Infotech Ltd (Rs.48.10) touched Rs.48.25, intraday. Accumulate for targets mentioned earlier.