As mentioned in the morning mail, about Bearishness of markets in short term and we asked our paid members to stay away from markets, as expected Nifty plunged 5350 levels, the next support for nifty is at 5150. BSE Sensex lost 363.90 points and closed at 17,506.63. Nifty lost 108.50 points and closed at 5,257.90.
Money Matters F S Limited (Money Matters Financial Services Limited): We first predicted that Money Matters Financial Services Limited is going to acquire stake from the Open market purchases, when the share price is hovering around Rs.58. Below is the news that we provided to our paid members on 30th May 2011 itself, "Money Matters (Bse Code: 531595):The company is going to acquire 5% stake from the open Market" and see the result is scrip today also locked at upper circuit and closed at Rs.81.30, totally gained 40% after our news is provided to our paid members.
Our Today Morning Recommended counter XXXXXX XXXXXX Services Ltd which was a momentum call and asked only risk taking investor to buy the counter gained 0.25% for the day and closed at 31 Rs. Even in this kind of bear market conditions the scrip managed to close in green.
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