Wednesday, September 14, 2022

Winning Strokes

The BSE Sensex is now trading at 60,338.39 down 129.51 points (-0.38%), while the Nifty was last seen at 17,998.75 down 39.30 points (-0.39%). The markets are correcting taking cues from the US market, which tanked yesterday, due to higher than expected inflation figures. However, Indian stock markets are on a Bull run and these kinds of opportunities should be used to accumulate good stocks at reasonable valuations.

#My recommended Equitas Small Finance Bank Ltd (Rs.50.70) made a high of Rs.51.20, intraday.

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#The stock of BPL Ltd (Rs.84.05) hit the upper Circuit today. The stock was recommended last week at Rs.72/73. 

#RTN Power Ltd (Rs.5.30) surprisingly hit the lower circuit today, while RattanIndia Enterprise Ltd (Rs.54) is in Green. 

The authorities should look into matter, as to how the shares of a profit making company trade below its face value, even in this Bull 🐂 Market? Which BEAR 🐻 CARTER is involved in Price Manipulation? Without price manipulation, such volume looks like impossibility.

Its earlier name was Indiabulls Power Ltd. Its Amravati plant is profitable while it is in consultation with Banks to recast its ~Rs.7100 Cr of debt of Nashik Plant. Accumulate in all market declines, for targets above Rs.10. The current market price of Rs.5.30 is an impossibility.

#Accumulate the shares of Dilip Buildcon Ltd (Rs.241.40) near the CMP for some superb returns going forward. HDFC Securities has given a target of Rs.359 for the scrip.

#The stock of B F Utilities Ltd (Rs.448.50) made a high of Rs.459.40. If you remember, it was recommended around Rs.337/338. 

#Balu Forge Industries Ltd (Rs.77.80) today made a high of Rs.83.40.  The stock was recommended around Rs.55/57 on Twitter.

#My recommended Central Bank Ltd (Rs.21.05) made a high of Rs.21.40, intraday. The first target of Rs.21 has been achieved.

#My recommended Websol Energy Systems Ltd (Rs.125), made an intraday high of Rs.129.90. The scrip was recommended on last Monday, around Rs.108. 

#The stock of Swan Energy Ltd (Rs.230.85) will test Rs.229/231 ranges.  Profit booking was suggested through my Twitter post. 

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