| It was not a black Friday though for a while it looked like. Nifty broke 5000 third time in the row which has allowed bears to go rampant. Position unwinding on fear was seen. If the conditions are so bad why are investors not selling stocks which are locked in upper freeze…? Market is pretending that it is reacting to global clues but the fact remains market is consolidating in the rollover movement. Only 4 trading sessions are left for rollover. Monday it is safe to assume a rally of at least 400 points. In fact, one has to take advantage of such corrections for buying in B gr stocks and as and when markets improves you can sell these shares in profit…? I had been telling you all along about my favorite Panyam Cement. We had first issued buy report at Rs 25 ( Rs 100 paid up at Rs 250). Its dolomite mines have started showing colour now. It will become English India clay in next 12 months. Please cut and paste this because it is most unlikely that you will get to enter this stock now for ever. It will remain only in upper circuits as most of the stocks have been cornered. Price rigging is not applicable to FII’s in Vishnu is another classical example. Now you will be finding only queue and queue and BNP will make its price. It is well known co. from Similar is the case with NEPC Micon. This co. has been in restructuring for long and things are now settled. Today this stock hit 20% upper circuit with huge volumes on both the exchanges. I think one must grab this share in tons even on Monday at whatever price you can enter. It is multi bagger. One that it is into power, two it is FII fancy and three a leading power co could acquire this co at a very fancy price. This will become a real fancy in coming days. Accurate transformer could be another stock which will be a multi multi bagger. Just see the results and judge yourself. Next to knowing when to seize an opportunity, the most important thing in life is to know when to forego an advantage |
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