Market Mantra

The stock of Alankit Ltd (Rs.24.55), basically an e-Governance company, was recommended yesterday to the Premium Members; the stock is up around 3% today. With the government’s increased focus on greater level of governance and transparency on back of digitization, these kinds of companies are likely to be beneficial, albeit with increased competition from the peers.

Alankit Ltd. is a 25-year-old entity which has been operating across the diverse spectrum of financial services, e-Governance, insurance and healthcare services. Alankit Assignments Ltd, one of the leading affiliated companies of the group commenced business operations in 1995 and was recently the registrar of one of India’s largest ever public-sector IPO – HUDCO. With a network of over 5000 centers, Alankit has direct presence in more than 673 cities across India. The company also has presence in international frontiers with presence in UAE, UK and Singapore. 

After building strong and successful portfolio in financial services and e-Governance space with offerings like UID enrolment (Aadhaar), TIN and PAN facilitation, IWRC, e-Return intermediary and more, a recent milestone for the company has been identification and authorization by GSTN as a GST Suvidha Provider (GSPs).

The scrip of P C Jewelers Ltd (Rs.85.70) is witnessing hammering today also, due to corporate governance issues. The stock touched a low of Rs.81 today in the NSE. I would still suggest you to stay from the counter, till the management commentary looks promising for the shareholders. The stock could test Rs.62 on the downside. 

The scrip of  Bhusan Steel Ltd (Rs.23.65) is seeing correction after an excellent run. The traders were asked to exit, if Rs.29 was broken on the downside. The Rs.2, Face Value share could touch Rs.16-17, before starting a fresh upmove. 

Intraday, BUY IOC Ltd at around Rs.162.25, SL: Rs.160.25, Target:  Rs.165.5. Fitch Ratings has affirmed Indian Oil Corporation Ltd's (IOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-'. The Outlook is Stable.The agency has also affirmed IOC's senior, unsecured rating and the ratings on its outstanding, senior, unsecured debt at 'BBB-'.Fitch equalizes the India-based company's rating with that of its largest shareholder, the State Bank of India (BBB-/Stable) based on Fitch's Government-Related Entities (GRE) Rating Criteria.

I will give fresh inputs on Rasoya Proteins Ltd (Rs.0.16), TV Vision Ltd (Rs.5.40) and Mandhana Industries Ltd (Rs.5.01), this week to the Premium Members. Those who wants to get 1st hand information on these scrips, should join the Premium Service. 

Winning Strokes: Think Different

Photo: Live Mint

Today the scrip of P C Jewellers Ltd (Rs.119.90) closed below Rs.121, after the company cancelled the buyback offer. However, such announcement of back of shares by management does not mean much  to the shareholders except some form of moral booster. Moreover, it is often seen that the required company does not stick to the promise of full amount buyback mentioned earlier. I would therefore, congratulate the management of the company and ask them to deploy the funds kept aside for buyback for the establishment of new retail outlets which will create more value for the shareholders. You can take fresh positions only if it gives a closing above Rs.122 with good volumes -- till then stay away from the counter; as I fear that it might test Rs.95 going forward.

Jewelers in India are having a tough time since the last few years. Recently, the industry came under a cloud with two companies under investigation for an alleged banking fraud of $2 billion. This comes even as the World Gold Council estimates that physical demand for jewelry slid 12% in the first three months of 2018. 

The current "Wicked and Machiavellian" dispensation in Delhi has done everything to destroy the once vibrant "Private Sector", as the banks are now saddled with bad loans of around 10 lakh crore. Systematically, almost every sector has been made to bleed, in the name of Tax Reforms [Read: Tax Terrorism], Removal of Incentives to some sectors in the name of Nation Development/Lowering of FD, etc etc. While the larger players could rise their head above water in such tiring circumstances, the biggest hit was SME sector. I  am reminded of the crisis in Greece, where the citizens cheered as the government thought to control the price of commodities -- later the same people were up in arms against the government when it failed to pay international loans. 
Some Indians have hallucinations that heaving taxing the industry and giving as much allowances [tax cuts] to the individual tax payers is the only panacea to all the crisis; while the reality is that if you throw a stone up, it will invariably come down. But then, I feel a 1st time MP tuned PM by FLUKE and a Lawyer turned FM, who had wafer thin finance background before joining the Finance Ministry, does not have the necessary acumen to analyse, the causes of crisis during the earlier regime and act accordingly. The only thing the current administration in Delhi has done during the last 4 years is to harass poor people [Do you remember how poor, old and disabled had to stand in long queues to get their legitimate money from ATMs] and businessmen.
In 2004, the then Government introduced Security Transaction Tax (STT), where all securities listed in an exchange (excluding commodity and currency) were subject to this tax, during the purchase or sale. This was levied instead of imposing a LTCG tax. With the introduction of LTCG, investors are now paying both the STT and LTCG thus incurring double taxes. 
Moreover, sensing discontent among the large section  of Indians, this government is trying to woo the Public Sector employees by giving them high pay hikes [7th Pay Commission], by looting the "Private Sector Enterprises" and they will pay for that in the next elections in 2019. Do you know the salary and Perks of an Army Colonel or a Superintendent of Police ora Ticket Booking Clerk in Indian Railways Vis-a-Vis their qualifications? How much does a clerk or a Supervisor deployed by a Private Security Agency get in the Private Sector even in Metros like Delhi, Kolkata or Bombay? Kindly Google!! Also check the current recruitments in Indian Army.

Energy Development Company Ltd, an Amar Singh & Jaya Prada outfit, today closed flat at around Rs.15.55 in the NSE. As the crude starts to soar up, the valuation of renewable energy companies are likely to improve. Moreover, the company is trading below its book value of Rs.23.49 and has a dividend yield of 3.22% at the CMP. The prudent investors should buy the shares of this company and keep holding till October, '18. Theoretically, if RIL (Rs.1099.80 up 1.61%) is rising, then the shares of Energy Development Company Ltd should also rise. 

Today among the sugar stocks mentioned in my last post, Sri Renuka Sugars Ltd closed at Rs.12.3 just a tad below the 52-week low price of Rs.12.05. Last month there was media briefing that Singapore-based Wilmar Sugar Holdings (WSH) had acquired an additional 19.77% stake in in Mumbai based, Shree Renuka Sugars through an open offer which was launched a few months back. As per the shareholding pattern, WSH had 38.57% stake in Shree Renuka Sugars as on March 2018. After the completion of the open offer, WSH's stake has now gone up to 58.34% in the same. This is one of the most safest and high pedigree sugar counters available today and hence keep holding till December, '18, for at least 50% return from the CMP.

One of my earlier recommended counters Southern Online Bio Technologies Ltd, where I do not think any of my current clients have holdings (as I have asked them to book profits and exit, around a couple of years back) today closed at Rs.1.47. I get lot of mails asking what to do with the scrip. If you are heavily invested in the shares of the company and have no clue on the current happenings in it and want information or suggestions, then you need to pay Rs.10000, for 6 months and Rs.18000 for 12 months. Similar is the case with many of my earlier recommended counters like [where I do not have any holding except in KBCL and Genera Agri, but some of my old clients who are no longer subscribed to my Premium Service, might have]: 

Rohhit Ferro Tech Ltd (Rs.2), IVRCL Ltd (Rs.1.90), HCC (Rs.11.35), Gammon Infrastructure Projects Ld (Rs.1.34), MBL Infrastructure Ltd (Rs.18.25), Reliance Communications Ltd (Rs.13), PVP Ventures Ltd (Rs.3.94), Genera Agri Corp Ltd (Rs.9.10), Unitech Ltd (Rs.4.15), Rasoya Proteins Ltd (Re.0.16), Mandhana Industries Ltd (Rs.5.27), Jayee Infratech Ltd (Rs.5.96), Lanco Infratech Ltd (Rs.0.85), Kohinoor Broadcasting Corporation Ltd (KBCL, CMP: Re.0.21), etc, etc. 

For getting source based additional information on stocks, you need to pay a few bucks; as nothing comes for free. If  you are a small investor, then some discounts can be given. Now, kindly, don't shoot me mails, asking for FREE TIPS or INFORMATION on the same. 

Market Mantra

Photo: Mro-Tek Ltd

Buy the shares of Mro-Tek Realty Ltd at around Rs.45-46, for short term targets of Rs.61-62. The company made a turnaround last fiscal and this year it is going fine. For March,'18 quarter the total revenues of the company came at Rs.19.31 crores generating a profit of Rs.11.06 crores and EPS of Rs.5.92. The cash EPS for the quarter was Rs.6.04 according to the data, in the BSE website. 

Today, the stock of PC Jewellers Ltd (Rs.122.90), the 2nd largest jewelry company in India is doing fine. The  risk taking investors can buy the scrip with a strict  SL at Rs.121 on closing basis.

Since, the crude oil prices are rising, one can look at Sugar Counters (...who are also into Ethanol production) like, Balrampur Chini Ltd (Rs.67.70), Sri Renuka Sugars Ltd (Rs.12.35), Dhampur Sugar Mills Ltd (Rs,85.10), etc. 

Overseas, most Asian stocks rose as China refrained from detailing retaliation plans against threatened US tariff increases. The US and China reportedly signaled they were open to resuming negotiations over trade after days of exchanging retaliatory threats. China's trade surplus narrowed to 901.32 billion yuan ($135.4 billion) in the first half of the year, down 26.7% from the same period a year earlier, data showed Friday. In January-June period, China's exports rose 4.9% from a year ago in yuan terms, and imports expanded 11.5% in yuan terms.

~~ with inputs from Capital Market, Live News....

Winning Strokes: Think Different

Energy Development Ltd today closed at around Rs.15.80 in the NSE. Good rains whole over India is positive for the company. The company is basically into Hydro and Wind power projects. I am expecting a price of around Rs.21 by the end of this month. 

Today, the stock of P C Jewelers Ltd closed at around Rs.121.60. After breaking Rs.126 on the downside, it might test Rs.95 going forward. The traders should exit the scrip and wait for it to close above Rs.127 to take fresh positions. 

Today the market moved up basically because of RIL which gave a closing at Rs.1,082.35 up 4.19%. The price of US crude oil is rallying after Wednesday’s sharp fall prompted by news that Libya’s National Oil Corporation is reopening four oil export terminals. The recovery was prompted by a report from the US Energy Information Administration that US crude oil inventories fell by 12.6 million barrels in the week to July 6, almost three times the drop expected.

Winning Strokes

Buy P C Jewelers Ltd at around Rs.131-132; SL: Rs.127, T: Rs.151. The stock should gain, as the inflation fear is likely to make assets costly. RBI can also go for another rate hike by October, to stem the slide in INR Vs USD.

Monnet Ispat which was recommended in this blog some time back today hit the buyer freeze at Rs.11.35 in the BSE.

If you are looking for a micro cap counter then you can go for Amar Singh & Jaya Prada Company Energy Development Company Ltd at around Rs.15.70-16, for short term targets of Rs.21-22. Good monsoon rain is positive  for the company.
The Premium Members were recommended this stock today, along with the scrip of P C Jewellers Ltd.

I am having problem writing in this blog, from my mobile may be due to technical failure. My RJio Wifi has gone for a toss..so till I buy a new one, please bear with me.

Winning Strokes: Think Different

The stock of Vakrangee Ltd (Rs.66.85) almost doubled from the recommended price of Rs.33-34. The stock could find the next resistance around Rs.75, which also happens to be its 50D EMA. When I recommended the stock most from CNBC TV18 and Times Now, were bearish on it and were highlighting the corporate governance issues. Those who had taken my call at that time is now laughing their way into banks.

SKM Egg Products Ltd (Rs.80.50), which is one of the largest egg exporters from India, is planning to triple its domestic market share and achieve ₹500-crore turnover by 2021-22. According to a report on The Hindu, the company's Eggs are exported to more than 26 countries, including Japan, Europe and Russia. On a daily basis, the company processes more than 16.5 lakh eggs per day of which 5.5 lakh eggs are processed in-house and rest procured from private parties.
Though, for the full year, net profit of the company declined 46.37% to Rs.0.96 crore in the year ended March 2018 as against Rs.1.79 crore during the previous year ended March 201; sales rose 44.32% to Rs.282.07 crore in the year ended March 2018 as against Rs.195.45 crore during the previous year ended March 2017.
Lurking fear of Food inflation accompanied by Festive Demand is likely to keep the price of eggs buoyant in the coming days. You can add the scrip in every decline with a short term target of Rs.97.

The scrip of TV Vision Ltd (Rs.8.30) is consolidating near Rs.8-9 ranges. As mentioned umpteen number of times earlier, the scrip is from the reputed Sri Adhikari Brothers and hence, I am expecting it move to Rs.14 by the end of October, '18.

I will probably recommending a momentum counter on Monday. Those who want to invest in that scrip should get enrolled in my Premium Service by Sunday. Also, those who want to know about MBL Infrastructure Ltd (Rs.14.85), 3i Infotech Ltd (Rs.4.32), Urja Global Ltd (Rs.3.43), NDTV Ltd (Rs.51.45) etc, should either trade through my recommended brokerage house (BMA Wealth Creators Ltd) or get enrolled in my Premium Service. Making money from the stock market is not that easy and these days, it is becoming difficult even for the experts to eke out cash from the markets on regular basis. 

Stock market is no longer a PART TIME business. If you do not have time for research, then don't come here and burn your hard earned cash. Invest in Real Estate or Fixed Deposit and enjoy a hassle free life.  Also, if you have lost money in the past, then don't lose hope; gather some funds from somewhere and come to me, I will help you in this respect. 

Pre-Session: Indices may open higher

29-Jun-18: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 19.50 points at the opening bell.

Overseas, Asian stocks were mixed. Japan's industrial production decreased in May following three consecutive months of improvement, government data showed Friday. Industrial output fell 0.2% in May from a month earlier, following April's 0.5% gain, according to the Ministry of Economy, Trade and Industry.

US stocks recovered from earlier declines on Thursday to finish the session higher on the back of gains in banks and technology stocks.

The growth in the US economy in the first quarter was trimmed to 2% from 2.2%. Meanwhile, weekly jobless claims rose by 9,000 in the latest week.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 951.51 crore yesterday, 28 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 442.64 crore yesterday, 28 June 2018, as per provisional data.

Domestic stocks logged modest losses yesterday, 28 June 2018, in a highly volatile session of trade on subdued global stocks. The barometer index, the S&P BSE Sensex, fell 179.47 points or 0.51% to settle at 35,037.64. The Nifty 50 index fell 82.30 points or 0.77% to settle at 10,589.10. The Sensex regained the psychological 35,000 mark in volatile trade.

~~Powered by Capital Market - Live News

Winning Strokes

Buy the shares of SKM Egg Products Ltd (Rs.79.35) at around Rs.79-80, for short term targets of Rs.91-97. The company is basically into exports of Egg Products. The INR is depreciating heavily against the USD, this will help the company generate more revenue in term of forex. Apart from this there are media reports that the company is looking to increase its market share from 5% at present to 15% by 2022. SKM Egg, is touted to be India's largest egg producer. It recently launched the "Best Egg White Cube", a revolutionary ready to cook and eat natural egg protein produced under SKM Best brand. The company processes 1.8 million eggs everyday in its EU certified plant and conforms to ISO 22000, BRC, Kosher and Halal Certification requirements. 
Situated about 20 kms from Erode, in Cholangapalayam village, SKM’s 35-acre facility, also in pristine white, looks as much state-of-the-art from the outside as inside. But it is these best-in-class quality standards inside that have put them on the world map and ahead of global competitors.
During the current fiscal, the firm would be investing ₹18 crore in modernisation, expansion and new products. About ₹10 crore had been set aside for modernisation, ₹5 crore for new products and rest for expansion. Promoted jointly by Tamil Nadu Industrial Development Company, this firm has six breaking machines in Erode with an installed capacity of 7,000 tonnes per annum, operating at 70% capacity. Out of the six breaking machines, three will be replaced with big machines and balance refurbished.

Those who are holding the shares of Bhusan Steel Ltd should look to exit if Rs.29 is broken on the downside. You can again enter the scrip when it comes above Rs.29. However, the long term investors can hold the scrip with a SL at Rs.22. 

Vakrangee Ltd hit another buyer freeze at Rs.63.70 in the BSE. The stock has almost doubled from the recommended price of around Rs.33-34.

The shares of 3i Infotech Ltd (Rs.4) is not going anywhere since the last few months, inspite of the company coming out with positive responses in the media. I would suggest the short term investors/traders to not to take fresh positions in the counter or average and exit out near Rs.6.30. 

Market Pulse

Buy Bhusan Steel Ltd at around Rs.34-35, for short term targets of Rs.47-51. There are media reports that the Tata Group is on the fray to buy Bhusan Energy Ltd and pay up its debt. It recently concluded the acquisition of Bhushan Steel Ltd through an insolvency court for Rs.35,200 crore.
Tatas have offered Rs.500-Rs.600 crore to settle the loans of about Rs.2,500 crore of Bhushan Energy, the second company owned by Neeraj Singhal that is facing bankruptcy proceedings. Singhal’s flagship Bhushan Steel was sold to Tata Steel last month under the bankruptcy law. 
Bhushan Energy’s plant is located within the premises of Bhushan Steel’s plant at Meramandali, Dhenkanal district in Odisha and was built primarily to power the steel plant and therefore makes economic sense for Tata to bid for it, said senior bank officials. 

Buy the shares of Jet Airways Ltd at around Rs.381, for short term targets of Rs.491. That  OPEC has decided to increase production might push the crude oil  prices a bit, which has been moving up since some months. 

Those who are holding the shares of Rohit Ferro Tech Ltd (Rs.2.70) can continue to hold with a SL at Rs.2.40. The NCLT is in look out for a buyer. 

You can start accumulating the shares of 63 Moons Technologies Ltd near the support of Rs.77-78. However, the best price to enter the scrip is always near Rs.67-71 region. 

If you are looking for some additional inputs on stocks such as 3i Infotech Ltd (Rs.4.20), MBL Infrastructure Ltd (Rs.15), HDIL (Rs.22), etc you should join the Premium Services or trade through BMA Wealth Creators Ltd.

Winning Strokes

The stock of Jain Irrigation Systems Ltd made a high of Rs.97.4 in the NSE, closing at Rs.96.9 up 2.16%. In the BSE it closed above the psychological level of Rs.97. Intraday, the scrip of Jain Irrigation Systems Ltd made a high of Rs.97.45 in the BSE.

As the advancement of the monsoon slows down, there would be the need for more drip irrigation facilities. I am  looking for a target of Rs.111-117 in the coming days. This is not a momentum counter. 

The stock of Rohit Ferro Tech Ltd (Rs.2.75) the buyer freezes in both the exchanges. This is the 2nd consecutive buyer freezes it hit after it was recommended to the Premium Members. The rise in the price of Ferro Chorome, will augur well for the company, apart from  the other vital developments. I will recommend another such stock on Next Sunday, to be bought on next Monday -- those who are willing to know the name, should join the Premium Services. 

The scrip of Jaiprakash Associates Ltd which was recommended around Rs.14-15, to the Premium Members, today made an intraday high of Rs.17.7  in both the exchanges. It closed at Rs.16.95 in the BSE today. I am looking for a short term target of Rs.21 and Rs.27-29 by the end of this month. Those who are holding the shares of Jaypee Infratech Ltd (Rs.6.05) since around Rs.5, when the buy call was initiated to the Premium Members [i.e. on 21 May, '18], should hold it with a SL at Rs.4.6 and wait for it to cross Rs.6.25-6.30 zone with good volumes. 

The scrip of 3i Infotech Ltd today made an intraday high of Rs.4.45 in the BSE before closing at Rs.4.40.  The short term traders should average the scrip and exit around the resistance zone of Rs.6-6.30. However the long term investors can hold the scrip for a target of Rs.7-9 by January, 2019.

Today the stock of MBL Infrastructure Ltd hit the upper circuits at Rs.15.45 in the NSE. We can look forward for the targets of Rs.17-18, in the coming days, as the construction sector has started to move up, according to the Indian Finance Minister, Mr.Arun Jaitley. 

Winning Strokes:  Think Different

The market came off day's high in morning trade. At 12:13 IST, the barometer index, the S&P BSE Sensex, was up 168.90  points or 0.48%) and was trading at 35,455.64 while the NSE was seen at  10,754.00 up 43.55 points or 0.41%. Indices hit fresh intraday high in early trade and later pared gains as the session proceeded. Among secondary barometers, the BSE Mid-Cap index was down 0.11%. The BSE Small-Cap index was up 0.04%. The market breadth, indicating the overall health of the market, was positive. On BSE, 1000 shares rose and 893 shares fell. A total of 100 shares were unchanged.

A buy call was initiated in the stock of Rohit Ferro Tech Ltd at around Rs.2.40-2.50 on last Monday. The stock hit 2nd consecutive BUYER FREEZE today at Rs.2.75 in the BSE.  To know why it is hitting BUYER FREEZES either Join the Premium Services or Trade through BMA Wealth Creators Ltd, with a minimum portfolio size of Rs.2 lakhs. Moreover, the inputs of this blog should not be taken as an investment manual, however you will get some help following the techniques  mentioned here; though making money on consistent basis only following this blog would be a little difficult. Therefore, to get full support, there is no option but to take the help of experts.. 

The stock of Jaiprakash Associates Ltd which was given a buy around Rs.14-15, on18 June, 2018 today touched Rs.17.10 in the NSE. The 1st target has been achieved, we can now look forward for the next targets of Rs.20-21.  The Indian Finance Minister, this week said: "Experts say, the trend of India as the fastest growing global economy is likely to continue for next few years. With structural reforms like demonetisation, implementation of GST & enforcement of the IBC, Indian economy is moving steadily ahead & empowering every citizen". Hence a price of Rs.27-29 in the short term, is not impossible in case of J P Associates Ltd, which is gradually coming out of its blues. 

Vakrangee Ltd which today hit another buyer freeze at Rs.47.65 in the BSE is approaching my 2nd target of Rs.51. What to do with this scrip? Should we invest or it could be another case of Rolta Ltd (Rs.40)? To know Join the Premium Group.

The shares of TV Vision Ltd is consolidating around Rs.9 - 9.30. We can look forward for targets of Rs.17-19 in the coming days, as the BJP could advance the election, after the President of India Mr.Ram Nath Kovind approved the imposition of governor's rule in Jammu and Kashmir; a day after the BJP pulled out of its alliance with the Peoples Democratic Party (PDP) in Jammu and Kashmir. Following the President's approval, governor NN Vohra will be presiding over the state. Some of you must be thinking: 'What is the relation between  the scrip of TV Vision Ltd and advancement of the Indian elections, isn't?' To get the details you need to join the Premium Group. Anyway, investors should accumulate or average the share of this company in every decline, so that you can make good money over a period. This scrip is from the reputed Sri Adhikari Brothers Ltd group and hence has high pedigree. 

The scrip of 3i Infotech Ltd (Rs.4.20) is up 5% in the NSE. The stock is going nowhere during the last few months and Premium Members were long suggested to average out and exit the scrip around the resistance zones of Rs.6-6.30.

Overseas, Asian stocks were mixed, with several regional stocks looking to stem sharp losses made in the previous session that were caused by elevated fears of a trade war between the US and China. The US stocks declined on Tuesday, as investors sold them following President Donald Trump's late-Monday threat to slap an additional $400 billion in tariffs on China goods. The announcement represented the latest escalation in a dispute between the two largest economies in the world, rattling investors.

After Beijing's retaliation against US planned tariffs on $50 billion worth of Chinese imports, Trump asked US Trade Representative Robert Lighthizer late Monday to identify $200 billion more in Chinese products that could be subject to tariffs of 10%. The US president also threatened to find $200 billion more worth of goods if China tried to retaliate against those additional tariffs.

A spokesperson from China's Ministry of Commerce reportedly said China will have no choice but to take comprehensive measures in response to the US's trade moves

On the US data front, Housing starts ran at a seasonally adjusted annual 1.35 million annual rate in May, the Commerce Department said Tuesday. Permits were at a 1.3 million seasonally adjusted annual rate.

----with inputs from  Capital Market - Live News..

Winning Strokes: Think Different

Profit Booking was suggested in the shares of Vakrangee Ltd (Rs.41.2) yesterday, after the company reported 50% plunge in the consolidated net profit for January-March quarter of the financial year 2017-2018. The shares of Vakrangee have been on a roller coaster ride since October 2017 till now. In the span of last 8 months, the scrip of Vakrangee Ltd hit an all-time high and have subsequently dropped to multi-year low. Therefore, expert help is necessary while dealing with these kinds of shares. Where is the next support?

A buy call was given in the shares of Jain Irrigation Systems Ltd at around Rs.97-98, for short term target of Rs.117-117. The stock closed at Rs.97.80 in the BSE. Earlier the company announced that India Ratings and Research has upgraded the company's long term issuer rating to IND A- from IND A--. There were earlier media reports that the company is going to execute integrated drip irrigation project in Vidarbha region. The said project is based on pioneered concept of company Jalgaon i.e. resource to root. This project is likely to improve the water use efficiency from current 35% to 90% and we are proud to be selected as the agency to implement the project, said Ajit B Jain, joint managing director of Jain Irrigation. However, this is not a momentum counter.

The stock of HDIL (Rs.22.95) should be accumulated on all dips for targets of around Rs.37-39. The recent government fiat on affordable housing is positive for the company. 

Profit booking was suggested in the shares of P C Jewellers Ltd at around Rs.157. The scrip yesterday closed at Rs.157,55.

Winning Strokes: Think Different

Photo: Sify.com

P C Jewellers Ltd was recommended as a buy along with Vakrangee Ltd at around Rs.135 on 7 June, 2017 to those who trade through my recommended brokerage house, i.e. BMA Wealth Creators Ltd with the caption: "If you are buying Vakrangee Ltd,  then hedge it with the shares of P C Jewellers Ltd". The stock of P C Jewellers Ltd today made a high of Rs.152.45 and is now trading at Rs.148.05 in the BSE, up more than 8%. I will  recommend a similar stock tomorrow to the Premium Members; you need to trade through my recommended brokerage house to get the name of the scrip. 

Vakrangee Ltd hit another buyer freeze at Rs.37.5. When I recommended the scrip most of the Business Channels were nervous and were scaring the investors. I am happy that the followers of this blog, thought different and took a different route. 

The stock of Unitech Ltd which was recommended to the Premium Members at around Rs.4-4.25 some days back today touched a high of Rs.5.35. What to do with this scrip?

The scrip of Jaypee Infratech Ltd which was recommended at on 21st May, '18, today made a high of Rs.5.74. I am expecting the scrip to touch Rs.7-9, within  the next 45 days - remain invested. 

The share of TV Vision Ltd (Rs.10.30) today made a high of Rs.10.52. We can expect the scrip to touch Rs.14 by October, '18.

The stock of 63 Moons Technologies Ltd (erstwhile Financial Technologies Ltd) was asked to be accumulated to the Premium Members at around Rs.71-72 or above the support of Rs.67, last month. The scrip is today locked at the Upper Circuits at Rs.86.90.  Join the Premium Service and be ahead of others.

Pre-Session:Negative global cues may put pressure on shares

08-Jun-18: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 66 points at the opening bell on negative Asian cues.

Overseas, Asian stocks declined after the mixed close on Wall Street. Japan's economy shrank at an annualized pace of 0.6% in the January-March quarter.

In US, the S&P 500 and Nasdaq Composite ended with modest losses on Thursday, as a selloff in major technology shares put pressure on the benchmarks. Traders were cautious as leaders of the Group of Seven nations kicked off a summit in Canada. The G-7 summit takes place in Canada on Friday, 8 June 2018, and Saturday, 9 June 2018, with the issues related to protectionism and international trade expected to take center stage.

On the US data front, initial jobless claims fell slightly in early June, keeping the rate of layoffs in the US near a 50-year low. Household wealth topped $100 trillion for the first time in the first quarter, the Federal Reserve said. Consumer credit in April slowed to a seasonally adjusted annual rate of 2.9%, or $9.3 billion, down from 3.8% in March.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 525.40 crore yesterday, 7 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1197.89 crore yesterday, 7 June 2018, as per provisional data.

Local stocks logged sharp gains on upbeat global cues yesterday, 7 June 2018, . The barometer index, the S&P BSE Sensex, rose 284.20 points or 0.81% to settle at 35,463.08. The Nifty 50 index rose 83.70 points or 0.78% to settle at 10,768.35.

~~Powered by Capital Market - Live News

WINNING STROKES: THINK DIFFERENT

Photo: India Infoline

Unitech Ltd was recommended to the Premium Members and to those who trade through BMA Wealth Creators Ltd, yesterday at Rs.4-4.25, the stock hit the buyer freeze and closed at Rs.5.01. This is one of 4-stocks recommended yesterday to the Paid Members....one or two such stock will cover up your subscription charges or brokerage charges. If you have lost money in the stock market, collect some funds and come to me....I will help you to cover all your losses. You can reach me at: suman2005s@rediffmail.com/sumanm2007s@gmail.com. 

The stock of B F Utilities Ltd recommended yesterday at around Rs.346 for short term targets of Rs.357/Rs.391 rose to Rs.356.70 intrday before closing at Rs.. The rise in crude oil prices is likely to push up  the shares of Alternative Energy companies like B F Utilitites Ltd. 

Moreover, according to a media report, the NAV for company's land value at Rs.3800 per share Land bank value at Rs.2800 per share after factoring in discount. This is a  MUST BUY for medium to long term. The share price is expected to touch Rs.600 by the end of this year. 

The scrip of Vakrangee Ltd, seemed to be having dummy sellers from the start of the day, yesterday, which I mentioned in my Facebook post. hit the buyer freeze at Rs.34.05. The prospects of the company looks good according to my sources and you can accumulate for a short term target of Rs.51-52.

The stock of TV Vision Ltd was reiterated as a buy to the Premium Members in yesterday's morning mail, the stock moved to Rs.9.94 in the BSE, up more than 7%. For more such stock recommendations, you can join my Premium Service. 

If you are willing to do high risk intraday trading, I will give you an exposure upto 20 times your investing capital. This means for intraday trading in select stocks, if you have a base capital of Rs.10, 000 (ten thousand), I will allow you to trade upto Rs.2 lakhs per trade (buy/sell) through my brokerage house/s, i.e. BMA Wealth Creators Ltd (www.bmawc.com)  or Pace Stock Broking Ltd (whichever you want). 

If you can bring Rs.50, 000 which normally many traders do, you will get an exposure upto Rs.1 million or Rs.10 lakhs per trade, in select stocks only. 

Which means with mere Rs.50, 000 (fifty thousand) you can do a trading of Rs.1 crore or Rs.10 million in just 5 trades, in select scrips in Intraday. The brokerage is 5 paisa for intraday.  If you are making 0.1% (yes only 0.1%) per trade, then in 3 successful trades out of 5 (five), you can make: Rs.30000 (thirty thousand) per day or around Rs.6 lakhs per month, with a base capital of only Rs.50,000. My brokerage house will provide you FREE INTRDAY CALLS. 

Winning Strokes: Think Different

The stock of Bhusan Steel Ltd (Rs.40.40) which was recommended around Rs.22.65 to those who are subscribed to my Premium Services and to those who are trading through BMA Wealth Creators Ltd is going on for some correction after a long BULL run. The Premium Members were asked to book profits at around Rs.42-45. I hope most of them and those who are trading through my recommended brokerage house have made good profit on this scrip. These days, it is a little difficult to make money only following this blog, unless you do some research on the scrips, mentioned here.....the days of making money from the share market through fluke or "Tukka" is probably over -- there is a need for taking of specialized help, because you are competing with CAs, ICWAIs, MBA Finance Professionals, Veteran Market Players, etc.

I have given a buy on the share of Vakrangee Ltd (Rs.34.15) to my Premium Clients yesterday. The scrip is trading near its 52-week low price of Rs.31 and have lost more than 80% since the start of 2018. The shares have low downside considering the current developments. Some Business Channels like Bloomberg-Quint and CNBC TV18 are unnecessarily creating fear psychosis among the shareholders, after the company parted ways with its previous auditor, i.e. PwC; as if this is the first time it has happened in a listed company. According to the management Vakrangee Ltd 's EBIDTA is equivalent to its PBT. 

The point is that: if the financials of the company are so pathetic why would the new auditors agree to take charge of the company? Are the new auditors not aware of pros and cons of misreporting? Meanwhile, the company's treasury committee has also revised its investing policy, where it would now invest ~90% of its surplus funds in debts and the rest 10% through Mutual Funds -- the direct investing in equity shares has been discontinued. The company is having around 44,000 "Vakrangee (Seva) E-Kendras" in India spread across 16 states and ~15000 of them are in Rajasthan alone. The management claims it to be a debt free and the market cap of the company is only Rs.3,615.81 crore. The company has a good business model, however  the accumulation of NPAs in the banking sector is a cause of concern. Buy the shares of the company with a SL at Rs.26 and hold them for 3-6 months, for at least 50% appreciation from the CMP of Rs.34.15. Prudent investors, should buy a scrip it is out of the radar of the general investors.

The stock of Gitanjali Gems Ltd (Rs.7.11) is going in for correction after making a recent high of around Rs.7.4. The target for the scrip for the premium members was given Rs.9, which it almost reached. However, those who bought the scrip at around Rs.4.65, for their money nearly doubled during the last few weeks. Congratulations to all those who could make money in this scrip. 

The scrip of Reliance Communications Ltd (Rs.14.50)  is consolidating around Rs.14-15 ranges, after it reached its 1st target of Rs.21, some days back. You can buy the scrip with a SL at Rs.11.60.

Lot of the "Blog Readers" who have not exited at the Stop Losses, have asked me (through e-mails) about some of my previous recommendations like: MBL Infrastructure Ltd (Rs.15.35), 3i Infotech Ltd (Rs.4.42), Jai Balaji Industries Ltd (Rs.9.65), Future Enterprises Ltd (Rs.35.90) , TV Vision Ltd (Rs.9.63) etc. But for personalized information or for my opinion on specific scrips, you either need to subscribe to my Premium Service or Trade through BMA Wealth Creators Ltd. 

Also, the offer for the small investors who have lost money, to start again with minimum fund through BMA Wealth Creators Ltd is over. Now, you need to have a portfolio size of around Rs.2 lakhs to get FREE PREMIUM SERVICE. You can reach me at: suman2005s@rediffmail.com or sumanm2007s@gmail.com.

Market Pulse

The stock of Bhusan Steel Ltd recommended around Rs.22.65 to those who trade through my recommended brokerage house today hit another buyer freeze at Rs.42.60. The stock has almost doubled from the recommended priced. 

Today the stock of Reliance Naval & Engineering Ltd (Rs.16.30) was recommended to the Premium Members. The scrip today made a high of Rs.17.95 in the NSE. The stock will slowly head towards Rs.19-21 levels. 

The stock of Gitanjali Gems Ltd was recommended to the Premium members at around Rs.4.65. The scrip today hit another buyer freeze at Rs.7.50 in the BSE. This scrip has almost doubled from the recommended price. 

The scrip of HDIL today made a high of Rs.28.45. The stock is likely to head towards Rs.37-39, in the coming days, due to a slight improvement in the real estate market in Mumbai Metropolis. 

The share of Monnet Ispat and Energy Ltd was recommended on 24th May, '18 at Rs.17.5. The stock of this company today hit a buyer freeze at Rs.18.05. We can look forward for targets of Rs.22-24 in the coming days. 

The scrip of Reliance Communications Ltd was recommended at around Rs.14 on 24 May, '18, to the Premium Member. The share made a high of Rs.21 in the NSE and is now trading at Rs.18.60. Where is the scrip heading. 

The stock of TV Vision Ltd today hit another buyer freeze at Rs.11.10 in the BSE. The scrip was recommended at around Rs.8.39 near its 52-week low price. I am expecting the share to touch Rs.17-19 in the coming days. Remain Invested in this Sri Adhikari Brothers Ltd's group company. 

In these kinds of markets, when it is difficult even for the stock market veterans to eke out money from it; the novices should never try alone. Following this blog might help you to some extent but there is no substitute for the EXPERT HELP.  This blog is never a financial manual for new comers, but can be used judicially to get some extra mileage on your investments. You should always do your own research, before investing.
Another thing: if you have earlier lost money in stock market, don't worry!! You open an account with BMA Wealth Creators Ltd (www.bmawc.com) under my Brokerage License with minimum funds (This facility is only for those who have suffered huge losses, earlier, while trading) and come to me. I will help in all possible ways to recover all your losses and come out as victorious. Only that you should not trade with leveraged funds -- I mean you should not take loan from the brokerage house and play. Remember: only 5-10% people make money in stock market/s and your could be one of them.....You can reach me at: suman2005s@rediffmail.com or sumamm2007s@gmail.com.

Winning Strokes: Think Different

Photo: https://roofandfloor.com

The stock of Reliance Communications Ltd was recommended to the Premium Members at around Rs.14 on 24 May, 2018. The scrip made a high of Rs.18.30 in both the exchanges before closing at Rs.17.5, up 9.72% today.

The scrip of Bhusan Steel Ltd today Rs.40.60 today. If you remember the stock was recommended around Rs.22.65 to the Premium Members and at around Rs.24 in this blog. This share gave quick returns to the traders.

The share of Housing Development & Infrastructure Ltd is consolidating around Rs.27-28 and is preparing for the next level of upmove. I feel the correction in the stock is over and we can soon look for targets of around Rs.31-32. Remain Invested!1

The stock of Gitanjali Gems Ltd hit another buyer freeze today at around Rs.7.15 in the NSE. The stock was recommended to the Premium Members at Rs.4.65 on 21st May, 2018. 

The scrip of Jaypee Infratech Ltd (Rs.5.70) is consolidating around Rs.6. The patient investors can hold on or add the stock in intraday declines, for a target of Rs.9 in the next 6-9 months time frame. 

The share of TV Vision Ltd today hit another buyer freeze at Rs.10.60 in the NSE with good volume. The stock was recommended to the Premium Members and to those who are trading through my recommended brokerage house as a buy or averaging near its 52-week. Since, then it has been hitting continuous upper circuits. 

What to do with the share of Videocon Industries Ltd (Rs.10.30)? Why is the stock going down when the crude oil prices are soaring in the international markets? Brent crude however was down 1 cent at $75.38 a barrel by 0015 GMT, after settling up 9 cents on Tuesday. US West Texas Intermediate crude was up 13 cents, or 0.2%, at $66.86 a barrel, having earlier settled down $1.15.

I will be recommending a momentum counter to the Premium Members this week. Those who want to invest in this scrip, should either trade through my recommended brokerage house or join my Premium Information Service. One or two such scrips, will cover up the subscription charge of the Premium Service.

Winning Strokes: Think Different

Bhusan Steel Ltd recommended around Rs.22.65, hit another buyer freeze at around Rs.35.15 in both the exchanges. This stock has given wonderful return to the short term investors. Join the Premium Services, to get such recommendations in your mail box. One or two such recommendations would cover up all your losses (if any) or will further Spruce up your Portfolio. 

What to do with the shares of 3i Infotech Ltd (Rs.5), as regards its March, '18 quarter results. Why is the stock price falling even though it's net profit for the March, 2018 quarter was excellent? Where is the lacuna? To know Join the Premium Services. 

Gitanjali Gems Ltd (Rs.6.19) hit another buyer freeze in the BSE. The stock was recommended around Rs.4.65, to the Premium Members. Where is the stock heading?

Why is the stock price of MBL Infrastructure Ltd (Rs.18.55) is not going anywhere, during the last few weeks? What is the fundamental take on the scrip, based on its current fundamentals?

Monnet Ispat Ltd was recommended yesterday. The stock today, hit the buyer freeze at Rs.18.15. The share of Monnet Ispat & Energy Ltd, opened at Rs.18.10, went down to Rs.18, before it hit the buyer freeze. This gave ample time for the Premium Members to accumulate. This was among the 4 (four) stocks I recommended yesterday. What are the other 3 (three) stocks?

The stock of Multi Commodity Exchange of India Ltd (MCX Ltd) today hit my 2nd target of Rs.840 (Intraday high: Rs.844.60 in the NSE), before closing at Rs.817.80. This scrip has given decent returns to the patient investors. 

The stock of TV Vision Ltd hit another buyer freeze today at around Rs.9.25 in the BSE, after some inputs were sent to the Premium Members yesterday. What is the latest on the share? What are the charts saying?

Those who are associated with me since a long time or were once a member of the Premium Services, will be given a discount of around 35-45% on the Current Subscription Charges, depending upon their Portfolio Size and Time of  their association with me. I have decided to give this offer to those, who were a part of my team at any point during the last two decades. It means it will depend on how long you were a part of my group and how big/small is your Portfolio.. Therefore, if you were a former Premium Member, then rush me a mail at: suman2005s@rediffmail.com or sumanm2007s@gmail.com, to avail of this FESTIVE OFFER. 

Also, if you are a small investor, you would get some discount on the current price tag of the Premium Subscription. You can also get the same offer Free, if you trade through my recommended brokerage house, with a minimum portfolio size of around Rs.2 lakhs. So, you  have lot of choices for you at the at the Present Moment to bolster your stock market participation.

The point is that One or Two good scrip will cover your losses and you would also get updates on my Previous Recommendations.  In stock market opportunity, does not knock at the door always and hence, when it comes, it should be used to the hilt.

Winning Strokes

Bhusan Steel Ltd (Rs.31.95), hit another buyer freeze. The scrip has been hitting the upper circuits, since it was recommended around Rs.22.65. The 1st target has been achieved, what next?

TV Vision Ltd (Rs.8.89) has been hitting lower lows since the last few weeks. What to do with this scrip?

One of my latest recommended scrip, Gitanjali Gems Ltd hit another buyer freeze at Rs.5.62. To know the targets, you need to join my recommended brokerage house, with a minimum portfolio size of Rs.2 lakhs.

The shares of HDIL closed flat yesterday at around Rs.27.10. I had mentioned in my last post, the options before the investors, regarding this share.

Join the Premium Service at a FESTIVAL DISCOUNT of around 20% of the Price Tag. If you are an old subscriber of my SERVICES, then you would get a discount of 35% on the subscription fees. This offer will remain till the end of December, 2018. However, if you  don't want to pay anything then you can trade through my recommended brokerage house, with a minimum portfolio size of Rs.2 lakhs.