Despite of Market ended in red, our recommended counters provided superb returns to our paid members.

Weak IIP data weighed heavily on the market sentiment. industrial out data signaled a definite slowdown in economic activity due to rising cost of credit and high inflation. Production at factories, mines and utilities grew 6.3% annually, lower than an 8.83% reported in March last year. On the back of weak IIP data  BSE Sensex lost 116.36 points and closed at 18,268.54,  Nifty was down by 36.45 points and closed at 5,484.60.


Nova Iron & Steel: Nova Iron and steel which was recommended in todays morning mail (Which was sent well before market starting) as expected locked at upper circuit, the target for the counter is only for our paid clients, Going forward you will be amazed to see the returns from this counter. Below is the news that we have sent to our paid members in the morning.
 
"Nova Iron & Steel (Bse Code: 513566 ): Bhushan Power And Steel Limited has bought 14.77% stake in Nova Iron And Steel Limited for Rs.26.05 Cr through open market transaction. Bhushan Power bought 22.25 Mn shares at Rs.11.71 per share through bulk deal on BSE. It is also plans to make  open offer for Nova Iron & Steel for controlling stake. Please buy the counter in todays trade if the open offer is triggered then the share price will sky rocket and for sure from the current market price the counter has potential to provide xxxx returns with in short term"

AXIS-IT&T : The scrip today also gained  11%  on the news that company is considering restructuring  with an objective to streamline its operations and enhance operational efficiencies.
For the purpose of the proposed restructuring exercise various options are being evaluated by the Company. To make the restructring most beneficial and effective its business in order to reach this decision the Board has approved the appointment of PricewaterhouseCoopers Private Limited, Bangalore as its corporate advisors.


Zenu Infotech Ltd: Zenu infotech which was recommended as momentum call on May 10th, at Rs.29 today also hitted upper circuit by gaining 4.96% for the day to close at Rs.41.25. The scrip provided 43% returns so far to all the paid members. and the latest news on the counter is the company received a new infrastructure project which is of its kind to be handled by the company.

Shetron Ltd: Which was recommended in the sunday mail, at Rs.15 today locked at second consecutive upper circuit and closed at Rs. 16.36.

We charge only Rs.4500 Per annum, where as for similar kind of services some other companies/people  are charging more than 11,000 Rs. per annum.

 

Mail   to venkistockcalls@gmail.com  for subscription.

Venkistockcalls, your destination for multibagger, value picks, and momentum calls