Finally Bulls succeeded in their plan

Plan executed.....Tuesday, December 11, 2007 Finally Bulls succeeded in their plan in misguiding market conveniently by taking Sensex to 20300. The much sought after barrier of 20 K was broken at such a time when nobody desired and nobody interested in taking positions home due to FED action. Well for me, FED or no FED the destiny of market is fixed. 6200 and then 6400 inevitable. Stocks like MTNL and R Com came in action keeping other stocks at bay. DSP issue a report on RIL valuation where it has specifically dealt with the likely merger of RPL with RIL. Though they have much favoured call for RIL we have long call in all RIL gr companies. Any rally whether permanently or vallan wise can’t get aborted without RIL stock going into FIZZA and therefore no matters whether FED cuts interest rate or not RIL gr stocks will rise taking Sensex to new height. In fact, realty stocks have fired all the way in India as if the rate is going to be cut in India itself. Well, take advantage of Fed rate cut and use the rally to exit trading positions in realty stocks though long term is absolute bullish. RIL gr has already announced IPO of Reliance retail in 08 which will keep RIL stocks firing and again do not forget the news of stock split will take center stage by 28th Dec 2007. Apart from, RIL stock, we are extremely bullish on Ahmedanagar forging rather all forging whether it is Bharat, KIC, Carnation or Aditya. Ahmednagar where FII holding is 31% is slated for big movement and one more stock where i Develop is ahead of market. Very soon news, technical break out all will come in this stock. Co set to report huge Q3 profits, acquisitions and fresh deals with new FII would keep this stock going. In fact, we know a deal is likely to happen at Rs 280 and this could happen even tomorrow. Earlier all funds had taken positions at Rs 350 plus and hence the there is upside o at least Rs 350 per share. Co set to report huge Q3 profits at 08 PE stock is available at lower than 10 PE. A must in the portfolio. I would call upon all my friends who were waiting for 5000 when Nifty was 5500 and I was calling the calls of 6200. Once again I would like to send you only one message please do not go with wind. What you can’t see, I can see though you may not agree at the given point in time. Still, GOD may bless even those who have lost faith in me because whether you lose faith or not I have to justify my JOB on hand. There is at least one investor who has thanked me for Bhagwati Gases as he holds more than 25000 shares at Re 1 cost and still enjoying the ride. I must thank him for showing faith in me. Also to all whose reference I am not giving here but still have full faith in me. We take our bearings, daily, from others. To be sane is, to a great extent, to be sociable.