i Develop Stocks Advisory

Motion is on Market closed 85 points down which I see no reason to worry for. Tomorrow is the last day of the settlement and therefore some nervousness is bound to be there. Some counters where retail has gone long will correct and some where short built will fire is the buzz. The clear winners from today’s perspectives was IFCI which broke 200 DMA and on the BOD meet the air will be cleared. The deal could happen at Rs 108 or more. This will spark huge upside in IFCI and consequentially in IDBI. I had mentioned about IFCI yesterday which has now come in the media today. Now the next bullet stocks could be R Com and R Power. RPL has crossed Rs 195 which was the high in this vallan giving exit to all those who were stuck. Now the stock will start roaring as very few are long in this counter. In cash segment ANIL SPECIAL STEEL is set to explode to new height as it has crossed its 200 DMA as well as its previous high giving exit to all petty holders. A very strong hand had entered ANIL last time at Rs 36 and took it to Rs 60 has tried to suppress the price till Rs 20 by selling short. However by doing this his average cost has gone up to Rs 45 plus and therefore the said fund will take the share price to anything above Rs 85 to 100 the potential price of the stock which reflect its earnings as well as its huge landbank in the most costliest part of the world JAIPUR. However the decision to buy or not and whether to buy in full flow must be taken by doing your own due diligence because we have vested interest in the stock. Our calls on mid cap and small caps are going with great guns. Though Gremach opened the circuit today I would suggest to enter this stock at Rs 140 levels again because it has potential to touch Rs 376. You have seen the stock picking ability of I DEVELOP. Entire world was shorting Tisco at Rs 520 levels where we suggested buy Tisco which has now touched Rs 800. Similar was the case with Bombay Dyeing, RIL, RPL, RNRL. All other stocks selected by us will fire sooner than later. We have some virgin stories too for you. Dharmsi Morarji is a great buy at current level due to restructuring exercise and interest of India’s no 1 broking house. This stock is worth Rs 100. More we will let you in course of time. Never mistake motion for action.