No Confidence without Integrity

Hello Readers !!!

End of the day….


NAV exercise of funds is on. Nifty has crossed 200 DMA as well as SMA giving clear break out on upside.


All my friends are still waiting for 4700 and 4800 and Nifty has decided to close to the year at 5750 plus.


Stocks still filling gaps and ownership pattern is allowing this with thin volume.


CNI as a matter of fact has proved prudence of buying in dips in a BULL market. The pending calls have come to just 6 and there is enough scope to find new buy calls. Bears so long as remain short, the bias will be positive. Current state is dangerous for all technical guys as there is no clear signal ob buy side or sell side. For fundamentalists there is no confusion.

"There can be no friendship without confidence, and no confidence without integrity"

Thanks & Regards

Dev Purohit

ZEE LEARN - MULTIBAGGER STOCK ..BUY FOR 3/5 YEARS

BSE: 533287 NSE: ZEELEARN.......BUY .....TGT 50++++

Zee Learn Limited is the education arm of Essel Group. Essel Group is a diversified conglomerate with interests in Media, packaging, Amusement Parks, Entertainment & Education among others. It owns some of the most famous brands in India such as Zee TV, Zee News, Dish TV, Siticable, Fun Republic, Esselworld , Playwin, Kidzee, Zee Schools, ZICA & ZIMA.

The group have the following
* Mount Litera Zee Schools
* Kidzee pre-schools
* Mount Litera World Pre-school
* Mount Litera World School

School Innovations

* Zee Learn Gakken Science Academy
* School Management Services
Youth Vocational Education

* Zee Institute of Creative Arts (ZICA)
* Zee Institute of Media Arts (ZIMA)
* ZEE LEARN have a good market capitalization and good assets worth 117.00 crores. sector also good as, education is the more attractive space now.the management is the well known group,it started its businesses just now and have to go long run.Zee Learn had earmarked Rs. 500 crore for its various initiatives for five years, of which 40 per cent has already been invested in an university in Dehradun and schools . In 3-4 years you might see this stock around 100 levels. Enter around 21.00 or below and hold it for atleast 4-5 years this one would be a sureshot multibagger.

Thanks & Regards

Dev Purohit

No Sign of Break Out !!!

Hello Readers !

Indian stock market cut initial losses and recovered in mid morning trade after Japanese shares rebounded
from an early morning sell off and the yen moderated from a new record high versus the dollar. However, it
lost ground once again after the RBI hiked rates by 25 bps and raised its inflation estimate amid persistent
worries over the global uncertainties. Market ended the session in red.

Nifty closed at 5,446.65, down by 64.50 points or 1.17 percent over the previous day closing of 5,511.15, after witnessing a low of 5,435.30 and a high of 5,510.05. Sensex closed at 18,149.87, down by 208.82
points or 1.14 percent over the previous day closing of 18,358.69. It touched an intraday low of 18,104.02 and high of 18,354.27.


The markets’ breadth was negative. Out of 2,967 stocks traded, 1,203 stocks advanced, 1,638 stocks declined and 126 stocks remained unchanged. In Sensex, 8 stocks advanced and 22 stocks declined.


Indian stock market is likely to trade range bound as no triggers are visible for an upside. Instead, RBI inflation outlook that has been raised from 7% to 8% for March 2011 may dampen sentiments. However, no sharp reaction to this may be seen either. Buy Mirza International and also Fedders Lloyds, Whirlpool and
Bluestar, falling copper prices, summer demand likely to boost their prices.


                                            OPTION STRATEGY
           Scrip/Index: BHEL
           Strategy: Long Call option
           Current Price of Underlying: Rs 1964/- Lot Size: 125
           Long Mar 2000 Call option @ Rs 28/-
           Profitable when closing price is below Rs 2028/- on expiry
           Maximum Potential Profit: Unlimited Maximum Possible Loss: Rs 3,500/-
           Time to Expiry: 14 days

Thanks & Regards

Dev Purohit