Oct 21, 2007

I'm bullish if we break 5000 in few days


Friends global quies are just adding fuel to the fire and if we break 5000 on nifty spot is very good i feel cos that is how wulf wave will be formed and if we break 5k mark do not take short on any pull back cos it may not give u chance to exit ur shorts...this is the reason i was telling in my old post not to short and keep ur long position safe with proper hedge.....market corrects sharply does not mean that market gonna turn bearish or fii are exiting...keep in mind asia is the safe haven for fii's and india is running far behind other asian index's cos others are trading arround 35 pe where as we are arround 20 to 25 aprox.....this type of sharp up move and sharp fall happens only when upside targets are high that is the couse for wulf wave ......well as of now our picks below 5k for long are RPL,HINDALCO,RIL,REL,NTPC,PUNJLLOYD,3iINFO,LITL,RCOM GMRINFRA all this for 100% to 300% return in one year enjoy

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