In western country it is easy to get partner whether you are married or otherwise because of the prevalent concepts whereas in This is the reason I do not look at FII nos and certainly believe that there selling could create short term panics but certainly not the complete shake outs like few other countries we have seen in the past. We have different yardsticks to judge the Indian market and we were successful ever since 2001 and hence we have no reason to believe that our parameters could fail so easily. We are bullish and would remain bullish so long as we do not enter in the bear phase once for all. I think many of you are not aware about us. Since 2001 we were labeled as a bear site because we did not produce any buy calls till 2003 because we were in bear cycle. When twin tower was blasted at 2700 we were the first Indians to announce the end of bear phase and beginning of Bull phase. Gold was then 263 USD. We have not looked back since then and produced research calls such as NMDC, SESA GOA, Hindustan Copper, MMTC, Bhel, BEL, Container Corporation, Honeywell, Siemens, ABB, Alsthom etc all in 2 digits and hence we are proud of what we are doing at I Develop. Those who are short term traders and are ready to risk their last pant should in fact stop following us because this is not the correct advisory for them. They should go to technical guru’s. We have 14 calls pending in the S C section and at least 4 have now come close to our buy price. Within next 1 to 2 week we will take you out from 5 to 7 calls that too in profit plus additional calls are always given as bonus. We have proved on a particular module which you all can see on we have not used S L method and successfully pulled out all our members from the crisis. This holds good if you are going long in one lot each because in that case your margin requirements are met. If your portfolio itself is say Rs 1 cr and you take 5 crs exposure then even parrot sitting below the banyan tree can predict that you are going to be wrong and would mitigate with huge losses and or even wipe out your capital for sure. I am repeating this because this warning was given to you every time. You should just have positions in futures only to the extent of 15 to 20% of your cash portfolio because in case of even the dippiest correction like this your mtm could be less than 5% of your portfolio which can help any day convert your f & o positions to delivery by selling 5% of your cash portfolio even at losses. You must always remember that SAR salamat to pagdi pachas. It sounds theoretical but this we have proved in practice too this is possible. We have helped at least 20 HNI customers to come out of this trauma by timely swap of cash shares into futures delivery which has saved the day for them. All were holding cash portfolio of over 5 crs each. Any way, I know for sure this is going on deaf ears again. Few traders know only one language just shift their mistakes to some else. Ask one question to yourself in this regard… will this frustration help you in taking right decision…..? At the same time I thank to all those who still have faith in me and my team. On behalf of I Develop team I would ensure you all the best of our services. We will prove once again that we are best in the business which will be acknowledged by market and you when Nifty crosses 6500. In fact this is the precise reason why we have chosen not given average call on Nifty. This target is our strength and testimony. We still hold our 30 K target in 2008 as a valid target. Buy all out PENINSULA LAND for next 3 months in delivery it will cross Rs 175 come what it may….? Paradise is here or nowhere: You must take your joy with you, or you will never find it. |
Thursday, February 7, 2008
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