Market Roundup

The fourth recommended Super Premium Call: Jai Balaji Industries Ltd gave almost 20% return from the recommended price of around Rs.11 - 11.40. The scrip today closed at Rs.13.30, up 4.31%, after touching an intra--day high of Rs.13.35. The steel stocks are expected to do well in the coming days. One of my earlier recommended steel stocks, Tata Steel Lt at around Rs.217, gave multi-bagger returns in the last 18 months. The stock closed at Rs.687.65, after making a 52-week high of Rs.693.

The 5th Super Premium Call is ready for recommendation.. Those who want to invest in that scrip can deposit Rs.15,000 by tomorrow morning or they can subscribe to my Premium Service or trade through my recommended brokerage house to get 2 (two) such calls absolutely FREE of Charge. In case of spot payment they would get such calls till they do not get back the subscription charge of Rs.15,000 on a portfolio of Rs.1 lakh.

Energy Development Company Ltd hit another buyer freeze in the opening trade today at Rs.23.15 in the NSE. I have given a target of Rs.27-31 for the scrip, subject to certain conditions.

Unitech Ltd (Rs.7.35) gave some upward movement today but could not close above Rs.7.70. This stock have been falling to Rs.6.70-7 and then giving some stray movements after some days, indicating operator - play. I do not see any future of the stock, in the short term. However, if you have a time horizon of 18-24 months, you can take a risk with a SL at Rs.5.

Mandhana Industries Ltd (Rs.7.95) today closed near the days high of Rs.8.10. After consolidation the scrip could now attempt to cross the zone of Rs.11-12. The ace investor, Rakesh Jhunhunwala holds stake in one of its sister companies.