i Develop Stocks Advisory

Lift Kara De.......
Amidst market confusion whether 5800 will cross or not..? Whether 6000 is even to be seen again…? Whether distribution is happening..? Myself and our team were pretty confident this time with regard to market movement. We were damn sure that Nifty will touch 5987 before Thursday which in fact happened today itself. That is the reason our team repeated its slogan that we are in no hurry to book profits this time.

Now the stocks which will remain at center stage for next 10 days are RIL, RPL, RNRL, REL and reasons will come before you in course of time. It is too much discounted by members about our advance information system and instead of taking it for the good lots of members are on fault finding exercise. Therefore it was deiced to curtail such services upfront.

To the best of my knowledge the exact points of Nifty without even referring to technical are known to only our S C team in India. They have done a remarkable job so far. Market is still in two minds and every time recovery comes they are talking about correction again.

Now only 2 days are left and these 2 days will be used for full rollover as well as HAVALA. And as you are aware FII attendance is very poor which will be used by market makers for pulling in the fresh settlement. By next week fresh allocation will happen and FII too will return which will be seen through a frenzied buying because the depth will not be available due to fresh vallan.

Next bout of correction could be possible only on 22^nd or 23 rd JAN because the next vallan is of 35 days and last day falls on 31^st JAN which needs to be taken into account. This is a sufficient hint for the short sellers.

Apart from the same, BJP win means no early elections at the center. Next state to be watched could be RAJSTHAN even where BJP is likely to return to power. In short ruling party has no option than to go all out for full term and do a lot good for the economy as well as market. This also suggests the sense of urgency that market is heading for 22000 before Budget.

'IT was the night before Christmas, when all through the house
Not a creature was stirring, not even a mouse.The stockings were hung by the chimney with care,In hopes that St. Nicholas soon would be there;The children were nestled all snug in their beds,While visions of sugarplums danced in their heads."