Winning Strokes: Think Different

PVP Ventures Ltd (Rs.9.62) recommended around Rs.8.25 and then again at around Rs.6.50, made a new 52-week High (adjusted) of Rs.11.59 on 12/09/2014. I hope most of you have made money from this call. 

Yesterday, IVRCL Ltd was recommended as a fresh buy at around Rs.17.90, the scrip today touched Rs.18.90, before cooling down at Rs.18.60. The government of India is expected to ease norms for FDI in the construction sector--IVRCL Ltd (Rs.18.60), HCC Ltd (Rs.36.15), Punj Lloyd Ltd (Rs.40.55), etc. could be some of the biggest beneficiaries. Meanwhile, according to the Indian Express, 10 September, 2014: 

A  year after starting the tendering process for the Colaba-Bandra-Seepz Metro, billed to be the country’s longest underground Metro rail corridor, the Mumbai Metro Rail Corporation (MMRC) has now finalised a list of nine consortia eligible for financial bidding after scrutinising pre-qualification tenders. Intending to finalise contracts and start work by the year-end, the MMRC will issue Requests for Proposals (RFP) to the nine pre-qualified firms in the next few days. A total of 14 consortia had submitted pre-qualification bids for the Colaba-Bandra-Seepz Metro. The nine consortia declared eligible are AFCONS Infrastructure Ltd-Kyivmetrobud, DOGUS-SOMA, CEC-ITD Cementation India-Tata Projects Ltd, IL&FS Engineering and Construction-China Railway 25th Bureau Group, J Kumar Infraprojects-China Railway Engineering Group Co, Larsen & Toubro-Shanghai Tunnel Engineering Company, OSJC Moscow Metrostroy-Hindustan Construction Company, Pratibha Industries-Guandong Yuantian Engineering and Unity Infraprojects Ltd-IVRCL Ltd-China Railway Tunnel Group.

Today Kolte-Patil Developers Ltd was recommended to the Paid Groups around Rs.190-193. The scrip today closed flat at Rs.189.80.

Today, Oswal Greentech Ltd (Bindal Agro) touched Rs.34.35, before closing at Rs.33.45. The scrip today moved up with good volume. The real estate and investment related scrips are expected to shine in the coming days, due to obvious reasons. Moreover, the name of the company Oswal Chemicals & Fertilizers Limited did not match the activities of the company. Therefore, the company had changed the name of the company to “OSWAL GREENTECH LIMITED”. The changed name of the company was confirmed and recorded by the Registrar of the Company, Punjab w.e.f. 23rd November 2011.

Western India Shipyard Ltd today moved by more than 6% and closed at Rs.1.89. The company is likely to get benefited from the commencement of mining in Goa. Once the mining starts in Goa, then the whole of mining and shipping sectors, would get tremendous sentimental boost. 

I have already said this a number of times earlier in various platforms, and is again reiterating: The shares from the Indian Auto sector are highly overvalued (Industry P/E is more than 248) according to my estimates, but still most of them are rising, SURPRISINGLY. It reminds me of DOTCOM CRASH in 1999-2000, when also the IT sector valuations were thought to be invincible; before everything crumbled like NINE PINS. 
Yesterday,  HDIL was recommended at Rs.86.25, to the Premium Service members. The scrip today touched Rs.93.90 Intra-day, before closing at Rs.93.40, up 9.24%.

Budget 2014: Government to create investment vehicle to boost infrastructure sector

[Editor: This is another sector which is looking good before the budget, and it is expected that the government of India, would come up with some solid measures, to revamp this sector; which has been reeling under several problems. Therefore, one of the best options, for investors at this stage, is to buy a momentum counter (there are so many of them) in this space and keep holding till the budget day. One scrip which I again recommend, from construction space is Marg Ltd (Rs.18.40) which has a book value of Rs.111.71, the Open Offer price of Rs.91 and Market Cap of only Rs.70.14 Crore. Do you think a company of the size of Marg Ltd can have a market cap of only Rs.70.14 crore when HCC Ltd has a market cap of Rs.2,873.93 Cr, Punj Lloyd Ltd has a market cap of Rs.1,693.69 Cr, while IRB Infrastructure Ltd has a market cap of Rs.7,458.25 Cr?]

NEW DELHI, Jun 25, 2014:  The government is looking to create a new investment vehicle known as the infrastructure business trust to help cash-starved infrastructure developers raise long-term capital at competitive rates.

The finance ministry is considering a range of tax incentives for such trusts in the budget that's to be announced on July 10, in line with its promise to create a framework of fast-track, investmentfriendly and predictable public private partnerships (PPPs) to build large-scale projects that are of vital importance for India to compete in global markets.

 Though assets delivered through the PPP model and available for financing through securitisation have risen, Indian infrastructure firms are hard pressed with the development of existing projects delayed and the attractiveness of new projects diminishing for private sector funds and strategic operators.

"In order to provide a robust funding mechanism to the cash-starved sector, the government and market regulator Sebi (Securities & Exchange Board of India) will facilitate the securitisation of projects assets through infrastructure business trusts," said a person familiar with the development.

To raise long-term capital for the much-needed sector, the government will incentivise the creation of such trusts, so that investors will have a lower tax burden apart from avoiding multiple taxation at different levels. Infrastructure projects are now funded by bank loans, resulting in asset-liability mismatches in the banking sector.

The government has discussed the plans with senior officials of Sebi, Central Board of Direct Taxes and department of economic affairs to finalise the incentives. An infrastructure business trust will be set up as a trust and registered with the market regulator.

The regulator has proposed two categories of trusts. Category I trusts can raise funds through private placements from institutional investors only. These trusts can invest in multiple projects (at least two) that include those under construction as well as commercially-operational ones. The category II trust can raise funds from both local and foreign investors.

However, it can invest only in commercially-operational projects. It can invest in a minimum of four such projects. The proposed provisions will provide for the deferral of longterm capital gains tax on the exchange of shares of special purpose vehicles that own the infrastructure projects with the unit of the trust in the case of the trust's sponsor. However, capital gains arising from the disposal of the units by the sponsor would be subject to tax at normal rates.

The units of the trust (referred to as InvITs by Sebi) may be treated at par with equity shares, so as to attract the current benefit available under Section 10 (38) of the Income-tax Act.

This provides a preferential tax rate with long-term capital gains being exempt from tax and short-term capital gains being levied at 15%. This implies that unitholders will pay securities transaction tax at the time of transfer of units to another unit holder.

The trust will also be exempt from taxation of income earned in line with existing exemption for venture capital funds available under Section 10(23FB).

In the case of resident investors in InvITs, withholding tax would apply. In the case of non-residents, withholding tax on interest income from both investors as well as lenders of money to the trust may continue to be provided at the current level of 5% on the lines of concessional rates applicable to external commercial borrowings.

Courtesy: The Economic Times

Market Mantra

Mr. Srikrishna, CEO-Birla Shloka Edutech Ltd., Mr. Derek Price, Chief Executive Officer, Linguaphone Group, Mr. Yash Birla- Chairman, The Yash Birla Group, Mr. Tunku Iskandar- Group Managing Director of the Melewar Group and Mr. Mushtaq Biradar.
File Photo: Indian Corporate Buzz

Yesterday, the market traded very volatile. Nifty continuously traded between 7550 and 7600 almost for entire day and finally giving a close of 7540,  with a net loss of 17 points. Its intra-day high and low were 7606 and 7502 respectively. After nerve-raking volatility of the past few days the Nifty is trading more or less range bound today. Till the morning the BULLS are clearly holding 7530 and 7480 marks and therefore a bounce from here will confirm the advent of the pre-budget rally. The investors are suggested to watch the two levels (7480 / 7530) carefully and take their buy or sell decisions.
RESISTANCE: 7570 / 7600
SUPPORT:  7530 / 7480

Today's' Call: Buy Birla Shloka Edutech Ltd (BSE Code: 511607) at Rs.5--5.08, T--Rs.8. The company is from the reputed Birla Group, where Mr.Yashovardhan Birla is the CMD. Company's Reserves and Surplus stood at Rs.8781.05 Lakhs as of March 31, 2013.
The Company has three subsidiaries i.e.
1. Birla Edutech Limited.
2. Wholly-owned foreign subsidiary, viz. Birla Shloka Edutech ltd.FZE.
3. Ojus Healthcare private Limited
The Company has a curriculum based educational software program viz., ‘XL@school’ as per the syllabus prescribed by different Educational Boards that is designed to impart academic knowledge through electronic media. To cope up with the increased business opportunities, your Company has made considerable investment in research and development areas, ongoing quality enhancement program and infrastructure facilities, etc. The Company has planned to expand its business in Information and Communication Technology (ICT) solution for various government schools segment. The governments are keen to explore the Public Private Partnership (PPP) model for setting up of Schools which the private partner will design, build, finance and manage. The company sees enormous potential in this space for future growth as more and more states are likely to devise and implement similar schemes for Senior Secondary Education and probably in primary education too. The Company is aggressively participating in tenders of various state government projects and vigorously pursuing such initiatives across the country. Moreover, the Book Value of he shares of the company is Rs.50.36 and at Rs.5.08 it has a market cap of only Rs.10.47 Cr. In March, 2014 quarter it showed a turnaround. Risk taking traders can buy at least 10, 000 shares of the company and keep holding. It is a screaming buy at the current market price. 
Resurgere Mines and Minerals Ltd got locked in the Upper Circuits at Rs.2.33, in the morning trade. The scrip has a long way to go. To know the story of the company, either Join the Premium Service or trade through my recommended brokerage  house/s. 
Allied Digital Services Ltd which was strongly recommended a buy a couple of days back today touched Rs.22.75. The scrip could be moving towards Rs.41-42 in the coming days, back positive outlooks in Fundamental and Chatical terrains.
Meanwhile the government of India, has allowed infrastructure finance companies to issue secured debentures with tenure of up to 30 years, a move that will help raise long term funds. This is positive for the Infrastructure companies like IVRCL Ltd (Rs.24), Punj Lloyd Ltd (Rs.56), HCC Ltd (Rs.39), etc. 

IVRCL Ltd (Rs.25. 07): Updates

According to Economic Times, 31st May, 2014, the Hyderabad based infrastructure company IVRCL Ltd is planning to raise up to Rs.300 crore in two tranches to fund projects during 2014-15. The company's board, which met on Friday to review its financial results for the fourth quarter and 2013-14, has approved the proposal to raise this amount. 

The money will be raised through either a Rights Issue, Preferential Allotment or Institutional Placement. IVRCL Ltd's consolidated loss widened to Rs.853 crore in 2013-14 from Rs.240 crore, in the previous fiscal. 

During this period its turnover grew by 10% to Rs.4,945 crore from Rs 4,495 crore in 2012-13. For the fourth quarter ended March 2014, the company's standalone turnover was at Rs .1,217 crore, against last year's Rs.1,494 crore and loss stood at Rs.28 crore, against last year's net profit of Rs 23 crore 

Faced with tough business environment including high interest rate regime, which has impacted the overall pace of project execution and profitability of the company, IVRCL has approached the Corporate Debt Restructure Cell on January 20, 2014.

The company has stated, while declaring the Q4FY14 results, that though it invested Rs.66 crore in its subsidiary Hindustan-Dorr Oliver Limited, but its net worth has substantially eroded. However, it expects to implement business plan and improve its future operations.

According to the Hindu Business Line of May 30, 2014, IVRCL had entered into agreements on March 30, 2013 with a strategic partner (TRIL, a Tata group entity) for divestment of 74% stake in BOT projects relating to Salem Tollways Limited, Kumarapalayam Tollways Limited and IVRCL Chengapalli Tollways Limited as a composite agreement, subject to approvals for all the projects from NHAI and the lenders. Pending approvals from the lenders, the investments in these projects are considered as long term investments.Based on expected cash flow, no provision was considered necessary to carrying value for investments.

Important
Live Mint, 30 May, 2014 writes:

• Nitin Jairam Gadkari has been named India’s new shipping minister in the Narendra Modi-led National Democratic Alliance (NDA) government that assumed office on 26 May. Gadkari, a member of the Bharatiya Janata Party (BJP) that won a simple majority on its own in the just-concluded general elections, is also India’s minister for road transport and highways—Prime Minister Modi merged the erstwhile ministries of shipping and road transport and highways into a single ministry. 
• Gadkari, 58, is no novice to transport sector. He was the public works department (PWD) and ports minister for Maharashtra between 1995 and 1999 during which he demonstrated a penchant for building a series of roads, highways and flyovers in Maharashtra.
• Gadkari’s anointment as the minister for shipping, road transport and highways breaks the stranglehold over this ministry by lawmakers from Tamil Nadu on India’s eastern coast for a decade. The last two ministers spearheading this sector—T.R. Baalu and G.K. Vasan—hailed from Tamil Nadu and most of their focus was skewed in favour of their home state, which has a sizeable coastline. 
• Gadkari comes from Maharashtra on India’s western coast which too has a fairly large coastline.
• Gadkari has his task cut out. In the ports sector, there are several issues that await him, the most important among them being tariff reforms, restructuring the 12 ports owned by Indian government into corporate entities from a trustee set-up, development of coastal shipping and inland water transport, road linkages to ports and allowing Indian fleet owners to register their ships overseas.

Now this particular issue raises the expectation from the companies, which are into Roads & Highways, Shipping  & Ports, eg. IVRCL Ltd (Rs.25.07), Marg Ltd (Rs.19.75), IRB Infrastructure Ltd (Rs.197.05), HCC Ltd (Rs.33.80), Western India Shipyard Ltd (Rs.2.40), etc. 

All these shares were recommended by me at much lower levels and the investors, already made lot of money from them. 

WINNING STROKES: THINK DIFFERENT

Yesterday's "Brahma-Astra" call, Southern Online Bio Technologies Ltd at Rs.4.95-5, today hit 20% buyer freeze at Rs.6;as expected. This scrip, has always given returns to investors, since I started to recommend it. The company's two plant has started to run at optimum capacity, apart from its ISP business and therefore, we are likely to see to some more non-stop Upper Circuits going forward. Like yesterday, today also it rose with good volumes. Meanwhile, the company is coming up with a Prefence Issue at price which is much higher than the CMP of Rs.6.

There is no stopping of IVRCL Ltd as the scrip touched Rs.18.59 intra-day. The company has huge order book and it is rising in tandem with many other construction counters.

That scrip which was recommended on 7 May, 2014 hit another buyer freeze at the opening trade at Rs.13.39. The stock, has a book value of Rs.39.97 and has 29.97% of equity (stake) in  Haldia Coke and Chemicals Ltd, which in turn hold 60.85% in Ennore Coke Ltd. It is also into Wind Energy in  a major way, and is expanding capacity. Join the Premium Service to get such scintillating calls. Also, if you are running losses, then cover all of that, through some correct trades. Do that before 15 May, 2014, after which the price of Paid Service is going to increase. 

Plethico Pharma Ltd today touched a high of Rs.40.30, intra-day before closing almost flat at Rs.38.35. The company is tentative to declare its Q4Fy14 results at the last week of this month, which are likely to be along the expected lines. One should buy the scrip and keep holding as once this scrip starts hitting the UCs, then it is difficult to get hold. There is large scale accumulation going on in the counter. 

My recommended, Ahmednagar Forgings Ltd at Rs.125-126, a couple of months back, today touched Rs.218.75. Congratulations to all those who made money in this scrip. 

My recommended Suzlon Energy Ltd at around Rs.8-9 today touched Rs.15.18. Another of my recommended counter, HCC Ltd at around Rs.12-13 today touched Rs.26.40, in just 3-4 months. Follow this blog and make tons of money.
A2Z Maintenance Engineering Services Ltd today closed flat at Rs.10.18. Once should accumulate the counter and keep holding. The scrip could suddenly start moving up. 
My recommended Shiv Vani Oil and Gas Exploration Ltd moved to Rs.14.49, before closing at Rs.14.23. The scrip is expected to give good returns going forward. One should accumulate it on all declines. 

WINNING STROKES: THINK DIFFERENT

That scrip which was recommended to the Paid Members on 7 May, 2014, has hit another buyer freeze today at Rs.12.16. The stock, has a book value of Rs.39.97 and has 29.97% of equity (stake) in  Haldia Coke and Chemicals Ltd, which in turn hold 60.85% in Ennore Coke Ltd. It is also into Wind Energy in  a major way, and is currently expanding its capacity. What is the name of the company? So, those who have invested Rs.1 lakh in the scrip is getting Rs.5000 plus everyday. Isn't it wonderful? Join the Premium Service before 15th May, 2014, to get such recommended counters at the old rates. After this date, the price of Paid Package would shoot to Rs.10, 000 per year. Also, those who will trade through my recommended brokerage house with a minimum portfolio size of Rs.1 lakhs (Rs.1.5 lakhs from 16 May, 2014), would get the Premium Service Free of Charge. Mail me at: suman2005s@rediffmail.com.

After a long time both the FIIs and DIIs turned net buyers

There is no stopping of IVRCL Ltd as the next government is going to give stress on the infrastructure development. Moreover, IVRCL Ltd is expected to get benefits from the recent government initiatives. It has a huge order book of Rs.20, 000 crore plus and the scrip is trading at Rs.15.11; can you believe? Buy at least 10, 000 shares of the company and keep holding. It will be another HCC Ltd (Rs.22.30, intra-day high) which after being recommended around Rs.12-13 a couple of months back, has almost doubled now. 

Today, Plethico Pharmaceuticals Ltd moved to Rs.39.55 before closing at Rs.38.80. The scrip has fallen more due to bad publicity by the FD holders, who are getting delayed payments of their interests and sometimes redemption amounts, due to some liquidity pressure at the company's end. However, this amount is not of much significance as compared to the 9MFY14 turnover of company which is Rs.1353.31 Crores. According to the sources, the company may also think of converting the debt to equity, on the consent of the CLB (if it permits). Moreover, the company declared a 5:1 bonus issue last year and is waiting for SEBI's approval on the same. Hence, the shares are still cum-bonus as the Bonus issue had been approved by both the BOD and the shareholders. Its Q4FY14 results were satisfactory, due to the spectacular performance of their overseas subsidiaries. However, they are facing stiff competition in the domestic market, which the company is thinking to address very soon. I would therefore, suggest that everyone should buy at least 5000 (five thousand) shares of the company and keep holding, like your fixed deposit with a STRICT STOP LOSS of Rs.36.50. It is a multi-bagger in the making. 
Opto Circuits Ltd today closed with a moderate loss of 1.42% at Rs.31.25. However, after raising of the capital  (funds), the company would regain its form. It is one of the safest scrips in the space in which it performs. Moreover, in Canada Cardiovascular Monitoring and Diagnostic Devices Market Outlook to 2020, the name of Opto Circuits India Limited  has been mentioned along with some well known companies, such as GE Healthcare, Philips Healthcare, Fukuda Denshi Co., Ltd, etc.

My recommended Shiv-Vani Oil and Gas Exploration Ltd today hit the UPPER CIRCUITS  at Rs.14.34, before closing at Rs.13.94. This scrip has formed a bullish pattern on the daily candle stick chart and is expected to move up from here. 

Market Mantra

Marg Ltd hit another buyer freeze today at Rs.16.25. The scrip has been hitting buyer freeze since the time it was recommended to the Premium Group Members. 

Today, Opto Circuits Ltd (Rs.33.20) was recommended in the morning trade to the Premium Memberes; the scrip touched Rs.34.40, intra-day. There are lot of optimism in the counter, before May 6, 2014 board meeting. Opto Circuits (India) earlier informed that a meeting of the board of directors of the company will be held on May 6, 2014 to discuss FCCB/GDR/Preferential Allotment/Private Placement/issue of Convertible Debentures offering and any other form of raising funds for OPTO Circuits (India) and/or for its Indian/Overseas subsidiaries. The company said on February 20, 2014 its Powerheart G5 automated external defibrillator received market clearance from the US drug regulator. Opto Circuits (India) is a vertically integrated multinational medical technology Group that specializes in primary, acute and critical care products for the global markets. The scrip is above its 200DEMA and 200DSMA. The Golden Cross has already taken place and therefore, both fundamentally and Chartically, all the factors look positive for the company. The scrip is all set to touch Rs.45-50, in the next few trading sessions.

Jai Balaji Industries Ltd hit another buyer freeze today, to touch Rs.17.55. The scrip was recommended around Rs.13-14 ranges, with a price target of Rs.29-32. 
Today HCC Ltd touched the 3rd target of Rs.21. The scrip was recommended in February, 2014 at Rs.12.70-12.80, with a 1st target of Rs.15, which was achived long back.
Insecticides India Ltd is consolidating around Rs.277-282, to chart out the next move. The scrip will reach Rs.320, within a few days.
Yesterday, a buy call was given in 29May_Nifty_Futures at 6730 for  a target of 6750. Today 29May_Nifty_Futures touched 6778.55, giving some money on the table to the Premium Group Members. On 30 April, 2014 too FIIs were net buyers to the tune of Rs.454.48 Cr and surprisingly DIIs were also  net buyers of Rs.6.46 Cr of Indian Securities--so the positive optimism continues in the Indian Bourses. Join the Paid Service or my recommended brokerage house/s before 15 May, 2014, as the subscription for the same is going to be increased to Rs.10, 000 per year from the existing Rs.7000 per year.

Winning Strokes: Think Different

Marg Ltd  hit another buyer freeze in the opening trade and got locked in the Upper Circuits at Rs.12.18. The stock has been hitting upper circuits since it was bought. 

IVRCL Ltd (Rs.16.10) today made a smart move to around Rs.16.43 in the BSE at the fag end of the day. The scrip after consolidation is now all set o ttach Rs.19-10.  

HCC Ltd recommended around Rs.12-13 today touched Rs.20.80 before closing at Rs.20.25. The scrip has been on upmove since the last one month. 

PVP Ventures Ltd (Rs.8.64) today hit the lower circuits on the news that Prasad V. Potluri may either contest as an independent candidate or on a BJP ticket from the Vijaywada Constituency of Seemandhra. However, since this business magnet has high contacts, therefore, we can expect the scrip to give good appreciation going forward. Meanwhile, PVP Ventures announced that the Participation Agreement between PVP Ventures and Football Sports Development (an SPV formed by IMG Reliance; Star India and All India Football Federation) has been executed by the Parties. This news should give  a positive kick to the stock tomorrow.
Hinduja Ventures Ltd today closed flat at Rs.262.75 after hitting an intra-day high of Rs.267.70 in the BSE. This scrip is from the reputed Hinduja Group of Mumbai (Bombay). 
Allied Digial Services Ltd moved to Rs.14.12, after touching an intra-day high of Rs.14.38. Bennett Coleman & Company Ltd and Intel Corporation holds 2.57 and 2.89% of the shares of the company according to the latest data available in the BSE. In the fourth quarter of FY14, it is expected to post good results. 

Market Mantra

The market traded range bound with negative bias on last Friday.The Nifty tried to close above   6800 mark, but ultimately the settlement took place at 6776 with a net loss of 20  points. 

The Nifty is trading near its life time high, with the optimism of forming a NDA led government and also due to improved fundamentals of Indian Economy. Though the Bulls are in total  control of the things, how the Nifty is witnessing selling above 6800 level. The investors / traders are suggested to concentrate on the small and mid cap space; as most of the large caps are  now fairly valued. 

Resistance: 6800 / 6820 

Support: 6745 / 6700

My recommended PVP Ventures Ltd (BSE Code: 517556) at Rs.5.70 on last Thursday to the Premium Group Members, today hit the 20% upper circuits in the BSE. Join the Paid Service or my recommended brokerage House/s to stay ahead of others. 

Please Click On the Photo to Expand

Today's Call: 
(i) Buy Vijay Shanti Builders Ltd (BSE Code: 523724) at Rs.12, T-Rs.17, SL--Rs.9. The company is doing lot of projects in and around Chennai. The scrip is yet to take part in the rally.
(ii) Speculative Buy Core Education Ltd & Technologies Ltd (BSE Code: 512199) at Rs.13.50, T-Rs.17, SL--Rs.12.4.
Shree Ganesh Jewelry House (I) Ltd today touched Rs.36. The scrip will slowly moving towards Rs.41-42 in the  coming days. 
Jai Balaji Industries Ltd today touched Rs.14 and is  now trading at around Rs.13.9. The scrip could hit another buyer freeze, because the market cap of the company is too low as compared to the enterprise value of its steel plants and its mines. 
HCC Ltd (Rs.19) today touched Rs.19.50, the scrip will be moving towards Rs.21-22 in the coming days. It has reached both my initial targets. In the same way, Unitech Ltd (Rs.1.70) will be moving towards Rs.23-24 in the coming days. 

WINNING STROKES: THINK DIFFERENT

The dream run of Shree Ganesh Jewelry House (I) Ltd has at last began, with the scrip touching Rs.34.20, intra-day. The scrip is expected to touch Rs.41-42, in the short term. One should accumulate it on all declines. Q4FY14 results are expected to be better than Q3FY14. 

Glodyne Technoserve Ltd hit another buyer freeze in the mid-afternoon trade at Rs.6.83. The scrip was asked to be recommended to the Paid Groups at Rs.4.92. 

Unitech Ltd recommended a couple of days back to the Premium Members at Rs.15.70, today touched Rs.17.34 before closing at Rs.1.85. The scrip is slowly moving towards Rs.21-22. 

Jai Balaji Industries Ltd which I bought for some of my clients at around Rs.12.30, for whom I do the trading, today hit another buyer Freeze at Rs.13.37. The current market cap of the company at Rs.89.90 Cr is simply a joke considering the enterprise value of the company including its mines. I expect the scrip to hit non-stop buyer freezes in the coming days. Buy the scrip on any given opportunity, as the scrip could be heading towards Rs.29-30, in the coming days. 

A2Z Maintenance and Engineering Services Ltd today touched Rs.12.70, before cooling down at Rs.12.09 at the end of the day. The company has completed a master restructuring plan and has order book in hand. The company henceforth is expected to do much better, according to my close sources. Incorporated in 2002, A2Z Maintenance & Engineering Services Ltd. (AMEL) is an established EPC company provides services to the power transmission and distribution sector with a focus primarily on the distribution segment. The company has diversified its EPC services to power generation companies and companies in other sectors such as road and telecommunications. In addition, the company is also in other businesses such as (i) power generation from renewable energy sources; (ii) municipal solid waste management services (iii) facility management services; and (iv) developing information technology solutions for power utilities. The power sector in India is slowly moving from a regulated return framework to a market driven pricing mechanism. This is providing a major boost for private entrepreneurs to enter the power sector and set up projects. Demand for engineering, procurement and construction services in the power transmission lines and power distribution businesses is largely dependent on development, demand and new investments in the power generation, transmission and distribution sectors. AMEL is engaged in the FMS business (Facility Management Services) since its incorporation in 2002.  The company’s services in the FMS business include engineering maintenance (mechanical, plumbing, electrical, HVAC, DG Set), energy saving solutions, janitorial services, parking management, property lease management, telecommunications tower maintenance and security services to public and private sector clients. AMEL has also diversified into the Power IT Solutions business, where it executes projects as a systems integrator by developing solutions for aggregate technical and commercial (AT&C) loss reduction in India. The ace investor Rakesh Jhunjhunwala is still holding a substantial stake in the company. I am expecting the scrip to cross Rs.20, in the short term, as at present there is no negative news. 

Allied Digital Services Ltd (ADSL) which was asked to be accumulated around Rs.11-12 today touched Rs.15.80 before cooling down at Rs.15.23. The scrip is moving towards Rs.21-22 in the coming days. Many of the Gujarati management (Nitin Shah is the CMD of ADSL) companies are moving  up fast on the optimism that Narendra Modi could become the next Prime Minister of India. 

There is no stopping of IVRCL Ltd and HCC Ltd as both the scrip moved up in tandem. While IVRCL Ltd touched Rs.16.10 intra-day before closing at Rs.15.80, HCC Ltd (recommended at Rs.12.70-12.80 on 4th February, 2014) closed at Rs.19.20, after touching a high of Rs.19.80 intra-day.

Marg Ltd, which was recommended around Rs.7.65 on 3rd April, 2014, to the Paid Groups, today hit another buyer freeze to close at Rs.9.56. With a BOOK VALUE of Rs.180.91 wait for non-stop buyer freezes in the coming days.

WINNING STROKES: THINK DIFFERENT

A2Z Maintenance and Engineering Services Ltd recommended yesterday, at around Rs.10.40, to the Paid Service Members, today hit the buyer freeze in the morning trade at Rs.10.72 in the BSE.  The company has very recently done a Master Restructuring Agreement--wait for non -stop upper freezes in the coming days. The book value of the shares of the company is Rs.148.91 and the market cap is only Rs.86.94 crores.

My recommended  Hindustan Construction Ltd (HCC) at around Rs.12.70--12.80, T--Rs.15, SL--Rs.11.70, on 4th February, 2014, to both the Premium and  Free Members, today touched Rs.19, the 2nd target. 

My recommended Marg Ltd hit the 3nd consecutive buyer freeze at Rs.8.69. The stock is expected to hit some more buyer freezes on the way to its 1st target of Rs.12.3.

Today Unitech Ltd was recommended to the Premium Members at Rs.15.70, due to some positive news in the counter. Unitech Ltd recently informed the BSE that Unitech Corporate Parks Plc (UCP) has received an approach from a third party expressing interest in potential acquisition of its wholly owned subsidiary Candor Investment Limited and that it is currently in discussions regarding a possible sale of this subsidiary. Further the Company has informed that, along with the approach to UCP, the Unitech Group has also been approached by a third party in relation to a strategic alliance for carrying out the remaining development of the IT SEZs / Parks currently under development along with the potential acquisition of its stake in certain IT SEZs / Parks. The scrip after forming a H&W pattern has been continuously moving up since Rs.12.8. The next target seems to be Rs.17.4. 

Glodyne Tech Ltd which was recommended to the Paid Groups at around Rs.4.92, today hit the buyer freeze at Rs.6.21. The scrip should now move up steadily to around Rs.14-15. 

Today, Allied Digital Services Ltd which was asked to be accumulated around Rs.11.70-12 today touched Rs.13.48 before closing at Rs.13.26. The stock should move towards its next target of Rs.21-22, in the coming days. 

Lanco Infrastructure Ltd recommended to the Paid Groups at around Rs.7.70, today touched Rs.8.17 before closing at Rs.8.13. Lanco Infratech Ltd recently informed the BSE that Company has become the successful bidder of the prestigious EPC Contract for establishing "1 x 660 MW Super Critical Ennore Thermal Power Station Expansion Project" by Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO). We can look for a target of Rs.13-14 in the coming days. 

Tulip Telecom Ltd has hit another buyer freeze at Rs.4.35. The scrip was asked to be accumulated a couple of weeks back. Tulip has huge assets and the book value of the shares of the company is Rs.45.34.

IVRCL Ltd which was recommended around Rs.12.70, last  week today touched Rs.15.39, before closing at Rs.15.15. The scrip has a book value of Rs.70.68 and would get benefited by the recent government action. Once, Essel Group, a Zee Group company which is known to be sympathetic to the BJP (Bhartiya Janata Party) held substantial stake in the company. Subhash Chandra is the Chairman, Essel Group & ZEE. This is driving the stock up. The Hindu Business Line, 6th Apri, 2014 writes: 
Infrastructure companies, for one, often sub-contract work to group entities, or execute projects through joint ventures or SPVs. The actual construction may be taken on by the parent, or it could be the reverse, with the subsidiary or group entity executing a part of the project bagged by the parent. All this results in construction contract charges being exchanged between them. Reliance Infra, IRB Infra, IL&FS Transportation Networks, IVRCL, JSW Energy — all execute projects through subsidiaries or joint ventures. Such sub-contracting, no doubt, gives the parent company greater control over execution and delivers better profit margins to boot. The next target for the scrip seems to be Rs.17, with a resistance at Rs.15.80. 

Country Club (I) Ltd today moved to Rs.8.99 to close at Rs.8.68. The scrip is trading very cheap compared to its current fundamentals. We can expect the scrip to touch Rs.16-17, in the coming days.  

WINNING STROKES: THINK DIFFERENT

[Editor: What is interesting to note is the greatest circus going probably unnoticed--when FIIs sell, DIIs buy and vice versa. It seems there is some synchronized movement going on between these Financial Institutions. Today,  i.e on 5-Feb-2014 FIIs net sold equities worth Rs.576.2 Cr while DIIs bought  Rs.815.23, which means there is a net inflow in the markets to the tune of Rs.239.03 Cr. Moreover, the government of India will soon relax the import norms for gold, because, apart from creating the life of the those associated with this industry worse day by day, it has now given rise to some new nuisances like increased smuggling of gold and rise in import of gold jewelry]

As expected the market recovered at the end of the day. Before that Premium Members were sent the following note (excerpts): 'The Nifty seems to have found a final support around 5950 -5970 ranges. Chances of the continuance of this rally cannot be ruled out. Concentrate on IT stocks, as the outlook turned bullish for Indians'. Also today, Allied Digital Services Ltd (Rs.13.05) was recommended a buy along with Uflex Ltd  at Rs.71-72. Allied Digital Ltd will continue hitting some more buyer freezes in the coming days, as the company is presently doing some  large projects. Its overseas subsidiary, has at last started to perform. Allied Digital Services Ltd is a well known company in the IT Infrastructure Management and Technical Support Services Outsourcing Company, with an impeccable track record for designing, developing, deploying and delivering end-to-end IT Infrastructure services with an objective to provide end to end IT Solutions, outcomes of which have always resulted into a positive change in the organization. It has over more than two decades of experience in enterprise IT Infrastructure, Management and Implementation and consulting on complex IT Solutions for different Business Verticals. The Company provides credible, high class and customer oriented services and solutions to its clients, actively participate to fulfill the needs and preferences of the customers, their requirements in a dedicated manner.

HCC recommended yesterday at around Rs.12.70-12.80, today touched Rs.13.15 intra-day before closing flat at Rs.12.85. The investors should accumulate the scrip on all declines and  hold the scrip till the Q4FY14, results are declared tentatively in April, 2014. 

Entegra Ltd hit the buyer freeze today, before closing at Rs.3.54, up 1.43%. This is a sure shot scrip to make up for your 100% losses in the markets. Just invest in the scrip and keep holding---I am sure your 100% losses will be made up by this single scrip. Buy it in every decline; don't look at the index on the past results, to take your decision.

All the Gold jewelry stocks, viz, Shree Ganesh Jewellery House (I) Ltd (Rs.25.40), P C Jeweller Ltd (Rs.75.80) and Gitanjali Gems Ltd (Rs.62.55), closed in the green today, indicating that the operators are waiting for the final signal from the government of India to go for the ultimate kill. Meanwhile, the news agency reported today, that, "As gold supplies are squeezed, India's jewellery imports soared". This will put further pressure on the FMO and the Commerce Ministry to relax the gold import restrictions. 

Join my Paid Service or trade through my recommended brokerage houses (if the minimum portfolio is Rs.1 lakhs, your get Paid Service for Free) to be ahead of others. Tomorrow, I am going to recommend a Stock Option to the Premium Group members, which will be disclosed to the Free Blog in the evening. You can judge  yourself, whether the Premium members made profit or losses. In this market when even the experts are finding difficulty to make money, please come out of the illusion that any novice can do that, simply by following some TIP-STARS...!! When you become ill you need to go to a good doctor (of course not a quack).  Also, it is true that all the patients who go to reputed doctors, do not become fully well; there are some who also die. But, by and large most benefits from the association with the doctor. In the stock market too there is no replacement (substitute) of experts, who have spent a large chunk of their time and energy in studying the complex market dynamics. There could be chances when an expert may fail initially but at the end of the end he / she will do much better than 80% of the market participants. If any new comer thinks that he will come here and conquer the equity market in no time, then he / she is probably living in a FOOLS PARADISE. So, share your profits with experts and make money, hassle free. 

WINNING STROKES: THINK DIFFERENT

Entegra Ltd hit the Upper Circuits in the opening, before coming in for some selling.  Investors should use such dips to accumulate the counter. CMP: Rs.3.48.

Suzlon Ltd which was recommended to the Paid Service members only a couple of days today touched Rs.11.55, before closing at Rs.11.43. The stock could move upto Rs.12.30, before any fresh trigger takes up even higher. 

Today a buy was recommended in HCC Ltd at Rs.12.70-12.80, for a target of Rs.15-17, after the company came out with superb set of Q3FY14 numbers. It touched Rs.13, intra-day before, closing at Rs.12.85. Tomorrow it is expected to open gap  up.

A buy call was given on Shree Ganesh Jewellery House (I) Ltd (Rs.25.20), Gitanjali Gems Ltd (Rs.61.95) and P C Jeweller Ltd (Rs.74)--most of them closed flat indicating that, at any moment the government of India could announce relaxation of Import Duty on Gold. Commodity Trade Mantra  writes on 4th February, 2014: "Since 2010, China has been buying gold and not buying US Treasuries. China’s plan seems to be to acquire a total of 6,000 tonnes of gold to put its holdings on a par with developed countries and to elevate the international appeal of the renminbi. In 2013, China imported over 1,000 tonnes of gold through Hong Kong alone, and it’s likely that as much gold came through other sources. For example, last year the UK shipped 1,400 tonnes of gold to Swiss refiners to recast London bars into forms appropriate for the Asian market. China mines around 430 tonnes of gold per year, so the combination could be 2,430 tonnes of gold snatched up by China in 2013, or 85% of world output. India was expected to import 900 tonnes of gold in 2013, but it may have fallen short because the Indian government has been taxing and restricting imports in a foolish attempt to support its weakening currency. Smugglers are having a field day with the hundred-dollar-per-ounce premiums. Other central banks around the world are estimated to have bought at least 300 tonnes last year, and investors are buying bullion, coins, and jewelry in record numbers. Where is all that gold coming from?".

Hindustan Construction Company posts net profit of Rs 5.4 crore in Q3, bets on big orders for a better Q4

Mumbai, Jan 31 2014: Hindustan Construction Company (HCC) registered a standalone net profit of Rs 5.4 crore in the third quarter ended December 31 against a net loss of Rs 38.5 crore in the same period last year.

Total income from operations declined by nearly 15% to R870 crore year-on-year, while the Ebidta margins stood at 20.57% as the company reduced its expenses by a fourth to Rs 713 crore.

HCC’s order backlog stood at Rs 13,388 crore, with new orders worth Rs 2,040 crore this quarter, said a company statement. In addition, the company has L1 contracts worth Rs 1,408 crore.

Praveen Sood, group chief financial officer, HCC, said, “Despite a marginal dip in the turnover, the operational efficiency we have achieved clearly manifests in this quarter. The company will continue to implement measures aimed at further improvement in all financial parameters. Inflow of substantially big orders during the quarter will help to improve the turnover in the next few quarters.”

Courtesy: The Financial Express

Market Mantra

Entegra Ltd  (Rs.3.83) hits the buyer freeze in the opening trade. Those who have accumulated the scrip, when it was hitting lower circuits should be making good returns going forward. It is from a reputed group and at the same time, its project is on the verge of completion. The share is available at the price of dirt. 

Today's call: Buy Hindustan Construction Company Ltd (HCC; BSE Code: 500185) at Rs.12.70-12.80, for a target of Rs.15-17, in the short term. The company came out with superb set of numbers for the Q3FY14. Moreover, the company's projects have gathered steam. 

The government could very soon announce some changes in the gold import norms, according to my sources. The gold imports have fallen drastically and livlihood of the artisans  have also taken a  hit. There were also lot of job cuts in the sector. In view of this there is serious concern in the UPA, just on the eve of elections.  Buy, Gitanjali Gems Ltd (Rs.61.50) and Shree Ganesh Jewelery House (I) Ltd (Rs.25.10) and P C Jewellers Ltd (Rs.73.05) on all declines. These are sure shot scrips which give you good returns over a period. 

WINNING STROKES: THINK DIFFERENT

Shree Ganesh Jewellery House (I) Ltd (BSE Code: 533180), recommended today to the Premium Members and also to those who are trading through my recommended BROKERAGE  HOUSE, hit the buyer freeze.  The stock is moving towards Rs.31-32 in the coming days. Today it got locked in the Upper Circuits at Rs.25.65. According to the media reports nearly 81% of the company’s revenue was derived from exports in 2012-13 and 98 per cent of its raw materials were imported, creating a hedge. Since exports exceeded imports, a weakening rupee tended to benefit the company’s margins. Meanwhile, Shree Ganesh Jewellery House (I) Ltd has approached State Bank of India (SBI) for referring its debt to the corporate debt restructuring (CDR) cell. SBI is the lead bank in a consortium of its lenders. SBI had a meeting with the other members of the consortium last week to discuss Shree Ganesh’s proposal. Under CDR, banks typically increase the repayment period of loans to stressed borrowers, offer a moratorium and reduce lending rates. As on March 31, 2013, the company’s long-term borrowings were at Rs.100.4 crore and short-term debt at Rs.496.84 crore. The interest coverage ratio in 2012-13 was 2.26..The book value of the shares of the company is a whooping, Rs.226.03. Therefore, wait for some more UPPER CIRCUITS in the counter, in the coming days. 

Please Click on the Chart to Expand

Essar Ports Ltd recommended yesterday to the Paid Group members, at around Rs.56.70, today touched Rs.60.80, in the NSE before settling at Rs.59.50. The scrip is expected to cross Rs.100, in the next few trading sessions. On a standalone basis the company came out with good set of numbers for the Q2FY14. Not only that it is taking measures to increase the value of the shareholders. Today the scrip closed above both its 21D and 50D, SMAs and EMAs. Also, the other Essar Group companies, like Essar Oil Ltd (Rs.53.55) and Essar Shipping Ltd (Rs.19.90) did well today. 

Future Retail Ltd which was recommended only some days back at around Rs.67, today touched Rs.76.30 (crossed the 2nd target of Rs.76), before closing at Rs.73.50. 

My recommended Suzlon Ltd today got locked in the Upper Circuits Ltd at Rs.11.03 before closing at Rs.10.94 in the BSE. I have positions in the company in my personal account and is bullish on the scrip.

Tulip Telecom Ltd today hit the Upper Circuits Ltd at Rs.6.11 before cooling down at Rs.6.08. The Book value of the sharers of the company is Rs.45.34 (Forty five rupees and thirty four paise). It is true that the company is facing some financial crunches, however, even if there is any liquidation of the company (say the worst case scenario), then also the present SHAREHOLDERS stands to gain more than 7 (Seven) times of the CMP of Rs.6.08. As, mentioned earlier, I and my family members are holding a stake in the company. 

Country Club Ltd which was recommended only a few days back, here in this blog, today touched Rs.8.73 before cooling down at Rs.8.41. The company stands to gain from the depreciation of the INR against the USD, which is expected to boost both the normal and medical tourism of foreigners (as it makes travel to India cheaper). The company has huge asset base and it is pity how the scrip is trading so low. Even if one invests at the current price of around Rs.8.41, there is a chance to get double returns in the next few months if the market momentum continues. 
IVRCL Ltd (Rs.16.79) today crossed the 1st target of Rs.17.50, and profit booking was suggested in the counter. In the same way, my recommended, HCC today crossed its first target of Rs.15.50, as it touched Rs.16, intra-day. 

Join my Premium Service or my recommended Brokerage Houses to take maximum advantage from this rally. Those who have lost money in earlier cases, can also COVER all their losses just by going through few CORRECT TRADES.  The rally in the small and mid caps have started and it is the best time to enter the equity markets. To join the service/s send me a mail at: 

(i) suman2005s@rediffmail.com

(ii) sumanm2007s@gmail.com.

After Market Opening Chart Check

Yesterday, in In line with expectation, weakness persisted though  the level of 5730-5760 provided support. A gap down opening is seen today in the morning amid weak global markets. Market has given a breakdown below 5870 after moving between 5980 and 5870 for four trading sessions. Long positions theoretically should hnce, be avoided, u nless some conditions are fulfilled. Now, from the trading pattern of morning, it seems that the level of 5720-5740 is likely to hold out at the end of the day, as the area provides strong support; though presently it is broken intra-day.

In case of Nifty_Future traders for Thursday, June 13, 2013, the trend deciding point works out at 5736, which is broken for the moment on the downside. The the third weekly support stands at 5714 mark. Hence any fall towards the band of 5736-5714 should ideally have been used as a buying opportunity with a stop loss of thirty to forty points below this level (SL still not broken).  But unfortunately this level has been broken intraday/ Therefore, The Nifty_Future Traders can only think of buying, if and only if, the Nifty_Futures moves above 5714 intra-day. Till then long positions are strict no no. Nifty_Spot is now at 5694. On the ascent, the first resistance will emerge at 5826 mark. If there is sustained buying at this level, then Nifty is expected to move towards 5872 mark.  The Correction seems to be coming to an end, a tempory bottom can be expected by today's closing trade.

Resistance: 5740 / 5795 (Nifty_Spot)

Support: 5692 / 5650 (NIfty_Spot)

Asian market’s key indices declined today in the morning tracking the fall in US, EU markets last day as investors are worried about the possibility of central banks across the globe cutting back on stimulus measures.

The IIP data for Apr-13 came as a negative surprise, which was reported as 2%, lower than against the estimates of 3%, dragged down by consumer durables growth. However, the upward revision of the Mar-13 provisional data to 3.4% (vs earlier fig of 2.5%) provided some relief. The combined CPI data for May-13 came at 9.31%, though marginally lower than previous figure, it was higher than estimates. The widely tracked WPI Inflation data for May-13 is due on Friday. The Fitch upgraded of India’s outlook to Stable from Negative, while affirming the rating at BBB-. However, this is unlikely to provide any major relief to the market amid global uncertainties. The World Bank has cut its 2013 global economy growth to 2.2% vs 2.4% seen in Jan-13.

Fundamentally speaking, today, the domestic market Indices are seen trading with a negative bias, though the correction seems to be overdone, as the FMO is likely to announce a slew of measures to stem the fall of the INR Vs USD.

Today's call buy IVRCL Ltd at Rs.15.70, T--Rs.19, SL--Rs.15 (exit). After such scintillating results, this sort of break down, is overdone and the scrip should recover. The govt may soon allow PSU infrastructure lending companies to issue overseas bonds for raising capital for long-term infrastructure financing. This is expected to help many of cash strapped companies in this sector, like IVRCL Ltd (Rs.15.60), HCC Ltd (Rs.11.19), NCC Ltd (Rs.28.70) etc.

Market Mantra

SBTL is into the Production of Bio-diesel

Southern Online Bio Tech Ltd (SBTL)  HIT another BUYER FREEZE, after the company declared some favourable news which is as follows: "Southern Online Bio Technologies Ltd has informed BSE that the Company’s Biodiesel unit situated at Visakhapatnam, Andhra Pradesh is in a position to start production of Biodiesel upon receipt of raw materials. The delay in implementing the production so far is due to delay in getting the required working capital sanction from the bankers, now the bankers have extended their support by sanctioning of additional working capital for 50% capacity, utilization. Various internationally well reputed Biodiesel buyers are in touch with Company for the purchase of Biodiesel which is going to produce at above quoted unit. Besides this the Company’s first Biodiesel unit, which is situated at Samsthan Narayanpur Village, Nalgonda District is running at 85% capacity utilization for the last few years and it is backed up by well reputed customers from various segments". This company is very much investor friendly.
Buy Sintex Industries Ltd at Rs.57--57.50, T--Rs.62-65, SL---Rs.53.  When a repo rate cut is almost certain now, we can focus on the real estate and construction counters. My belief is more riveted by the fact that Voltas Ltd is doing fine today is now trading at Rs.85.70 (Recommended at Rs.83, some days back). 
Buy Central Bank Ltd at Rs.73, T--Rs.77-80, SL--Rs.71. There were some media speculations that, SEBI might have exempted the government from making an open offer for shares of the bank following preferential allotment of shares, which looks positive to me.
Steel Authority of India Ltd (SAIL) is on fire today. May be because of the fact that the government of India will do its disinvestment earlier and a price might have been fixed. SAIL if you can remember is trading below its book value of Rs.96.38, apart from its huge huge Capex going on at present. CMP: Rs.71.70.
Kohinoor Broadcasting Corporation Ltd hits another buyer freeze in the opening trade. I hope most of you have averaged the scrip, so that you can make a killing when the scrip appreciates.  CMP: Re.0.31.
Buy all the construction counters: Buy IVRCL Ltd (BSE Code: 530773) at Rs.25.70, T--Rs.32, SL--Rs.22. There is some positive news for all the construction counters. This is what www.rediff.com writes: Infrastructure is a badly beaten up sector, as you rightly pointed out. Power and road are two of the largest infrastructure segments in India, and recent reports point out that bank loans towards infrastructure projects have died down, resulting in most projects being in limbo now. Awarding of new projects is also at their five year low and many awarded projects have not even taken off, stuck in policy paralysis, high interest costs, bank unwilling to lend and other such issues. However, there are some companies which would outlast this negative scenario. IVRCL is one of the strongest in this segment and would outlast the current policy paralysis to grow as a stronger and better player. HCC is another firm which was deeply hit due to its innovative Lavasa Hill-city project getting stuck in environmental issues which were part politically motivated. Regime changes could positively affect this specific scrip as well, and firm plans to go for Lavasa IPO once overall situation improves.
Punj Llyod is going strong and has not reported losses in past five quarters, unlike most of other infrastructure firms. Its top-line is also showing an improving trend which could result in better bottom-line profits in next few quarters. Markets worry only about bottom-line profits, so the firm could see a re-rating in next few quarters, if the results improve from here. Firm has also paid dividends in 2012 and has not missed dividend payout in past 7 years. So, it is one of the strongest players in this segment on a overall basis. So, some of these stocks can be accumulated at these levels for 12-18 months of time horizon and would provide good returns once the overall situation improves for Infrastructure sector". CLICK HERE. 
Tulip Telecom Ltd is just witnessing some profit booking but I do not think there is any reason to worry when the CDR Mechanism is on the cards. It is now official: Banks are likely to approve an Rs.18 bln loan restructuring package for the company by March end. So, we can look forward  a series of upper circuits in the coming days. CMP: Rs.10.80. 
Buy Nifty_Futures at 5879, T---5940, SL---5850. As the RBI generally looks at the WPI Inflation, to take rate cut decisions and since the inflation projections are on the southern side (down-side), hence I feel a Repo rate cut of 25 basis points along with a 25 bps, CRR could also be there.