Bulls charging...

Enough short positions have been built in last 3 days volatility. Two important things have happened one that lot of fat is removed with market correcting over 175 points intra day and two fresh short trapped giving an absolute upper hand to bulls because the conditions are ideally suited to play another long innings.

FII selling in RIL is over and there could be big splash on Monday itself. May be it could open at Rs 3000 in futures which is a barrier. With this bears will have to go places. They are waiting for 6100 but in my opinion bulls will not give them chance to cut till even 6200. With explosion in RIL prices, NIFTY will automatically get exploded.

RDB fired and yes there is an open invitation to all members to visit RDB stall at RDB Pavillion at ET Realty Expo 2007 Hotel Taj Lands, Bandstand, Bandra(W), Mumbai from 14th Dec. 07 to 16 th Dec. 07 Stall No. 142 – Time 10.00 a.m. to 6.00 p.m. For details contact Abhishek Rathi – 09825138353 and Nilanjan Sil -09903909394.

Investors may find out the details of land bank and projects of RDB but for me it has crossed the mile stone and those who were questioning on our quality of research may take their on call on RDB which is now heading for Rs 275 where it could stop for a while. Our call on Bindal was on bang on target and it outperformed in this market. Though it could rise as per targets given we have done our job by giving exit route in top slot. Who else could have believed that Bajaj Hindustan will touch Rs 300 plus the target given by us…..?

We have well defined norms for initiating calls and providing exits and for the price I think it is just for the traders. Weak players should not enter futures and lion hearted traders should not shy from paying mark to market.

Each and every stock which had been picked by our research which may not be working well on the day we initiate buy call but works like 7th wonder eg MCS and Anil Special Steel. It is therefore imperative for you understand why this happens….? We break stories well in advance which no doubt benefits in 3 ways….one that for smart investors it is an golden opportunity to grab a golden share at the right price. No doubt investors can do their research and homework at their own. Two that it helps all big broking houses to work on ideas though different class might pick different ideas. Three even funds get an insight and hidden gems.

Sufferer is only one class ….yes traders who enter the stock without seeing the deepness in their pocket and loses patience very often. Always remember the good work done by somebody and small amount of failure must be ignored. But we do exactly reverse. Will you do the same with your earned profits….?

As most of punters have gone short I think market will travel only one way i e 21 K ion just 7 days.

The more refined and subtle our minds, the more vulnerable they are.