Market ready to test missile
All stocks practically doubled and are looking vulnerable to correction any time in B gr though wherever strong operators are present they will pull their prices whether fundamentally justified or not. They have married to the stock and they are there to stay for 3 years whether stock price go up or go down. But for you it is just impossible to stick to few ideas for 3 years and you require every day a red rose.
Certain stocks which have rose 10 times and 5 times in less than 6 months where profit booking is required because when the reversal starts these stocks will get most affected. Whereas you must enter stock like S S Duncan a MNC co belonging to GATES USA with 30 bn top line which is available at 3 PE X 09. So far the the biggest question mark before quality investors was the scalability though integrity was not at stake. Overnight scalability has been added by transfer of
Whenever a co announces to raise funds it is a clear signal of the co meeting in private with few large investors who can fund their expansions and also drive the price. No sane investor would like to acquire shares from open market. This exercise is generally done before the placement to match the placement price and after the placement for personal gains. The investor never enters for 10 or 20% return in such cases and for sure the returns could be nothing less than 1000%. For price management professional team of jobbers are hired who acquire shares on their own name and then transfer to the concerned funds and bisect the disclosure norms of exchanges so that the ultimate buyers name is always kept in wrap.
SS Duncan is sitting on virtual gold as its replacement price of the 4 factories itself could mean Rs 2500 crs plus the brand valuations of US co though we are not ready to give market cap of even Rs 126 crs which is less than even shade less plants in India. This can happen only in
My call is a very simple arithmetic. You have earned 100% in stocks like R M, Kemrock, Network, Netowrth, Mastertrust and so on whereas S S Duncan is still available at Rs 340 which is just 25% of 200 DMA which means the stock has not moved with veracity so far. The change from existing portfolio to this stock could ensure your profit booking much sought after stocks and replace your capital in very safe and golden stock which will give at least 10 time returns from here in coming 3 years.
We have vested interest in the stock which please be noted.
Coming back to market, Big brother has done the trick and both RIL and RPL stocks fired.
We at CNI have the best filters in the world. Rather our technique is the world class to protect small traders and investors and hence we always suggest sell 80% on 20% rise and expand your capital. We shall welcome the member who has not really been able to expand his capital in last 3 years and will guide personally if that be the case.
Market mood is intact and Funds and merchant bankers will have to keep the market tempo on fire if they need to make the IPO’s a great success. Hence market closed 300 points plus. From Monday fresh funds will start flowing because of allocation and stocks where triggers are surfacing will see huge buying. Hindustan Motors,
Wit is a treacherous dart. It is perhaps the only weapon with which it is possible to stab oneself in one's own back.
Indian Rupee Exchange Rate
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