i Develop Stocks Advisory

Cleverness....

As projected, market recovered in the second half. KSK was the star performer and hit the bull’s eye. It is also noteworthy to see the Sterlite Optical has recovered very smartly at Rs 188. After the order of Rs 300 crs today the optical fibre has gone into duty drawback entitlement. Well all going for the Sterlite Optical. Our target is intact. Stock is heading for smart upside. IDBI which has shown considerable strength once again is set to outperform. US markets are closed today which means there is no market to look up for opening tomorrow. Again we are closed on Wednesday which means practically operators has free hands for tomorrow and bears can’t remain short in anticipation of what will happen on Thursday. Again this time the projected inflation nos will be around 12 to 12.2% which could again provide good platform for bulls. One of the top performers in this month could be ONGC as our insight team is reporting that OVC is set for listing. If OVL goes for listing then ONGC valuation will be Rs 1400 and if this happens the Sensex should be big plus by 2000 points at least. Genus Power is set to bag Rs 750 crs order which could set the ball rolling tomorrow. Yesterday I had mentioned about Modern India and the counter is up by 10% with huge volumes. I think this is likely to explode very shortly to Rs 300 plus. The height of cleverness is being able to conceal it.