Mail which sent to the paid members in the morning,

Below is the experts from the mail we sent to the paid clients in the morning, where you can find we cautioned members for today and tomorrow on the market outlook. Also you can see Steel strip wheels and pick of the week veejay lakshmi Engineering works closed in green with modest gains, even when mid can small cap index is hammered. 

Also today during market  hours we  recommended a multibagger stock for 100% returns with in next 6 months Time frame.which managed to close flat for the day.

from venki venki to bcc date Mon, Dec 6, 2010 at 7:41 AM subject Markets may pause its rally, before getting ready for a bigger Upmove. mailed-by gmail.com

hide details 7:41 AM (13 hours ago)

Hi All,

The markets may be subded during this weeks, after a huge rally during last week, Market may pause its rally for one or two days, but the long term up move is likely take markets to new highs. Global markets clearly indicate a big rally coming up. Speculative money will flow into emerging economies and Dalal Street will see an impeccable rally in the next 3 months. We believe the bad news to get washed this month and the markets are gearing up for a big rally starting next month. It is time for investors to pick up quality stocks and ride the rally.

The Federal Reserve could commit more money beyond the $600 billion in asset purchases announced last month to provide a further boost to the economy.

Three of Asia’s central banks have policy decisions in the week ahead, but none seems likely to hike interest rates, after a wave of weak economic data swept through the region. First up will be the Reserve Bank of Australia, which is due to announce its cash-rate decision Tuesday afternoon in Sydney. The Reserve Bank of Australia is likely to keep its benchmark interest rate unchanged tomorrow as previous increases slow the economy and reduce the risk of faster inflation.

On Thursday, the Reserve Bank of New Zealand is due up, and here chances are slim for any sort of action.

South Korea’s central bank tightened the policy rate at its most recent meeting, raising it to 2.5% with a quarter-point hike.

Pick for the week: Veejay Laxmi Engineering Works (Rs. 77.00) (Code : 522267), as markets are going to be subdued buy on declines. (Research report is only for paid clients, and will be disclosed later on the blog)

Steel Strips Wheels Ltd, buy at around 340 Rs, for short term gains during this week, as the co. accorded to issue & allot 8,50,000 equity shares of Rs. 10 each fully paid up for cash by way of preferential allotment at a price of Rs.520 per equity share. This makes the scrip looks hot for short term investment. But book profits immediately and don’t wait for anymore thing in this counter.

Ennore coke there are lot of developments happening in the counter, Capacity expansion, Additional Power plant setup at its plants, Buying mines in US etc.  soon we will see fire crackers in this counter.

-- Regards
VenkiStockCalls.