i Develop Stocks Advisory

Bulls in command... Yes, we knew about the repo rate and consequential market fall today. That is the precise reason we had said book profit and do not carry positions at home. This gave us a good opportunity to buy Nifty below 4400 and almost dozen stock at the bottom end. We have proved in just one day what we are capable of. You can’t just write off iDevelop Call. We produced dead calls like Unitech, Indiainfoline, IDFC, SBI and Reliance Capital and all got moved in the range of 4 to 10%. Yeh dil mange more…? We are extremely bullish on the market and chances are very bright that market will open with 200 points gap on falling oil and global clues tomorrow. As regards our market it is in extremely oversold conditions and FII interest has now started taking interest. One that the repo rate was factored in rather it was surprisingly low hence the today’s fall was an attempt to corner short sellers. Two that having tested the low now FII can’t suppress markets any more because they themselves will kill the golden goose and will never been able to buy again. Domestic have already started buying except insurance cos. All said and done valuations purely justify a blind buying and all factors will keep on supporting the market. Please cut and past the date…. 3 rd Spet 2008 market will be full control of BULL’s with vision 24K. Expect nothing. Live frugally on surprise.