I am no Astrologer nor do I believe in Astrology. I just believe in myself, I believe in logical thinking, I believe in sharing knowledge and I believe that one should be happy if others are happy. Yes, I believe in destiny but only to the extent that it guarantees me just one thing for sure and that is Death - all other things I decide, not Destiny.
And, today I am happy that somebody out there would have profited modestly today after reading my article titled “ Good God, what should I buy ? “ provided they bought the shares in the opening session.
1.BGR Energy [ The stock rested today at Rs.737.05, up by Rs. 46.45 ]
Yes, BGR may replicate a BHEL but that’s different subject altogether. And yes, I will not be surprised if BGR continues to move northwards for days/weeks at a stretch. But, the question is , do you have the guts to buy a scrip after it has risen by Rs.120.05 in a single day! If you have the guts, just go ahead and rest assured you would have embraced a 3 bagger!
Congratulations to those who mustered the courage to buy BGR Energy Systems Ltd.
Those who bought one junk of 100 shares would be sitting on a cool profit of around Rs.4645/= in just one day whereas it would have taken roughly 285 days to get the same returns had you parked Rs.69000/= in Fixed Deposit at 8.5 per cent p.a.
Just watch my words and you’ll remember me : I am saying this again – BGR Energy Systems is poised to give great returns to those who pick up this stock even at current levels or on sharp corrections and hold it for about 1 or 2 years.
2. JAIPRAKASH ASSOCIATES [ The stock closed at Rs. 110.20, up by Rs.2.9 ]
To cut a long story short just consider this: In this month the stock saw a high of Rs.138.90/share on 10 November and it closed today at Rs.107.30, that’s a loss of 22.75 per cent. The 52 week range was Rs.167 -99. Considering the above factors and the typical behavior of this stock, I expect this stock to rise by around 25 per cent in about 1 to 2 months time. And expect Jaiprakash Associates to give you 50 per cent from current levels if you have the patience to wait for a longer time frame.
Congratulations to those who mustered the courage to buy Jaiprakash Associates Ltd..