MESSAGES

Many would dub yesterday event as one day wonder ! No doubt, it happened to be but theres a great silver lining in between, which many would fail to recognise ! Yes, its the rock bottom of the scrip, raring to bounce back to astronomical level, which nobody would have dreamed to reach and its all to be experienced and not simply preaching tent !

A systematic delivery based buying is going on every day by intelligent investors who knows the strength and high prospects of this technology based Kaynes, who have several new nano chips of high margin being introduced in the market on an ongoing manufacturing process, not comparable to Tatas and other giants whose plant is slowly coming up in Gujarat. Every companies who are in semiconductor is bound to get government incentives! These incentives, presumably would offset the half of the capital expenses incurred in the plant, eventually, pushing up the margin vis-a-vis share valuations in the bourses ! Please be guided accordingly!

Kaynes has smartly bounced back from the 200 DMA level and closed at 2515 suggesting to move up sharply to the level of 3000!on the background of impending Q result slated on 16/5 . The company did a very wise decision of not shifting semiconductor plant to Gujarat because most of their clients though based globe wise many IT companies are in and around of Karnataka and Telengana AP etc . hence, nothing to hinder on marketing. Theres some politics played, but nothing to affect performance. Please be guided accordingly.

its getting ready for 1800-1650