i Develop Stocks Advisory

More upside... Rs 82000 crs open interest with Nifty put at 5 crs shares which is all time high suggesting hugely oversold markets. The worst performing sector has attracted FII attention at last i e realty. Unitech is already up by 20% after we chose to give buy call in this stock. Same thing is true with Bombay Dyeing and Century Textiles. We are extremely positive on this sector not because these are oversold but because it has still potential to earn big. After the Jap entry into Ranbaxy I see more Jap co’s to enter India for M & A deals and with the size increasing the requirement of land in Mumbai will rise from Jap people. The demand will sustain and so also the prices. India has become a center stage as far as world is concerned but so far no major companies have set up their headquarters in India. I see this day is not far. We generally spot the stock with either insight or deals. Unichem Lab when RIl picked by 5% stake we gave buy call at 140 nobody entered and today it is Rs 165. Rs 25 in just a week’s time are cool return. Similarly there was a block deal of 2 mn shares in GDL and our SC team spotted the same. This stock will fire because one that the stock had already corrected to all time low and now 2 mn shares changed hands. This is value picking. We acquired close to 6% stake in Silversmith Ltd through warrants though on the face of it the value may not be visible. The stock is sitting on education (having jewellary design institute) which is grossly undervalued considering its investments. Simply our association has made this stock move in 52 week high yet retail participation is missing. We simply believe that those who are long term investors may enter this stock as this has potential to become a gem of multi bagger. There are few more triggers which will spell out only when the stock crosses Rs150 levels. You may search your heart on. None other than I DEVELOP had predicted a rally this today. Market will remain in good stead even tomorrow. Realty stocks could remain in action. Bombay Dyeing, IDFC, Reliance Capital, RIL and Unitech all did well after we spotted them. Now it is turn of GDL and Century Textiles. The willingness to accept responsibility for one's own life is the source from which self-respect springs.