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Thursday, January 3, 2008

Power May have Power in real

Big brother watching....

Market creating very little opportunity for tom dick and harry whereas RIL gr stocks are firing with zeal and power. REL Power date has made big spark for REL stock which pulled up the price to 2550 which is very close to our target of 2700. We have predicted this price when it was at 1200 just 2 months before. RNRL too is firing. All other power stocks like NTPC were in lime light because of power sector’s valuation. Who had believed that NTPC will become Rs 280 so quickly…? We do not set targets in AIR but these are hard facts because our teams value such huge stocks though we can’t reveal the basis for each and every stock at a penny price of Rs 700 to 33000. We were the only agency to set target of Rs 5000 in B Dyeing with written documentary report which will be reported in the next edition of share bazaar journal magazine which is sourcing content from us. We had initiated buy call in MNTL at Rs 142 we were labeled that elephant can’t moved by small ant like I DEVELOP….Yes, today an CLSA head recommending MTNL with target price of Rs 700. Yes it is not dream …it is realty…SABSE AAGE SABSE TEZ…iDevelp REs.

Now the fight is back on the street between two brothers. With REL Power which is coming out with IPO at Rs 450 and commanding a premium of Rs 350 in the gray market is likely to debut trading in 4 digit because of the premium of the KING. Now one has to really take quick look at the scenario in the broader way. With REP Power getting listed on the stock exchange it could be sure that ADAG gr will exceed the market cap of RI gr which may not go well with big brother.

What big brother wants….? Numero Uno position can’t be lost so easily having slogged for the slot for almost 4 years now. M A simply has to regain its lost position well before 15th Jan the day of IPO of REL Power. This could be done by only pulling RIL to 3500 and RPL to 330 and for doing so and making FII to buy this stock a well defined news flow is must. We are sure the news flows are coming and suggest our members to hold positions intact in this gr. Have faith and see the outcome….

Petronet LNG has crossed a most critical level of Rs 118 and entered into a new bull orbit with volumes exceeding 60 mn shares which is again stunning. Peninsula Land is another flipper picked up by i Develop team ahead of market where promoter diluting stake of 14% in favour of LEHMAN BROTHERS either through pref rout or market rout. Bomaby Dyeing has entered into a new orbit and consolidation will start between 920 and 1000. The moment it crosses Rs 1000 it will rush towards a new orbit like SBI and then Rs 2500 in 6 months would become easy call.

Many a man fails to become a thinker for the sole reason that his memory is too good.


Our IT wing have come to know from sources that the brokers have stopped funding as they belive that the market will fall vertically by 5000 points. We belive that these types of rumours are basically for making money. But how....?

First the brokers will stop funding and than they would use the same money to fund the REL power IPO as the premium in the grey market has already started to be at Rs.350. This is the precise reason why there is rumour of 2000/3000/5000 points vertical market fall.

REL Power IPo is slotted to be from 15th to 18th Jan and the listing will happen somewere in mid Feb and till that time market has to go only one side that is up.

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