i Develop Stocks Advisory

Realisation of tomorrow.. There is a strong case of extremism in India. None of the global markets reacted more than 2 to 3% on oil concerns buy India reacted by 4 pc plus to bring market straight into the new low the event market men were waiting for. Fresh short selling was seen at 4420 to 4410 levels once Nifty broke 4460 levels. 4460 was the level of JAN 08 and those who are controlling market on bear side should also become happy having breached the bottom. Now the immediate target is 4670 and once it crosses that level then 4830 and thereafter 5280. Market oversold, oil all time high and rather now heading for 150 before it starts correcting. A gr has now given a good no f opportunity to FII to enter in India and this time the funds size if more than double that the flight of capital. FII will start with RIL gr shares buying because none other than RIL gr can guarantee sizable returns in this market. Most of the blue chip cos are stuck with excess liquidity issue which is not the case with RIL gr. IFCI is sitting on good stake story whereas all other cos will wait for their triggers to start buying operations. Since market has tested the new low as far Nifty is concerned, the market is now very close to bottom. I think it is time for bottom fishing. RIL, Reliance Capital, RPL, Sterlite Optical, Tisco, SAIL, IFCI offers great value at these levels. In cash bottom fishing can be done in Jeyswal Neco, MSP, Network, RDB, HEG, Kernex, GTC, Nelco, G E Cap, adhunik and entegra. Next immerging sector will be auto ancillary and mining. The only limit to our realization of tomorrow will be our doubts of today.