market fundamental doesnt change overnight.....india's story is still strong....correction has set in purely coz the valuations were running high on the current earning basis....the property story had always set my eyes popping......i believe those who r still gaining profit or suffering marginal loss on land stocks should book profit....there were many who were advising juss 10-15% cash holding n investing the rest in market which was juss going one way up due to the liquidity factor......juss wondering how they will use this oppurtunity to buy cheap.....i had been advising 50% cash levels for the past 2-3 months......those who r holding 50% cash can start buying in bits keeping in view a medium-longer term view
i am happy of the correction tht has set in......i have started my buying list today partially....i am still 40% in cash aft buying today
pple were expecting more......everything they buy were expecting it to start hitting circuit frm the very day.....all i can do is laugh....i had seen pple giving recommendations on http://www.poweryourtrade.com especially ashwani guj who used to give taregt 50% higher n i dont think i need to say anything for E - mathew .
the correction is mainly coz of the margin pressure coz of the liquidity.....brokers r selling stocks on margin funding.......i expect market to settle by thursday-friday....buy post tht one shld again expect juss marginal returns n not set rocketing targets
short term traders who used to ask stocks for 1-2 months...pity u guys....BYE BYE is all i can say
THE STOCKS THT I BOUGHT TODAY
granules down frm 120 to 80 now.....70 is the bottom it can go too
aarti ind.....frm 70 to 62.......looking very attractive
hyderabad frm 450 to 350
manugraph frm 275 to 225
paras petro frm .9 to .55
ind swift frm 115 to 88
hiran orgo chem......frm 125 to 99
suryalaxmi frm 200 to 150
aarvee denim frm 125 to 95
manali petro frm 20 to 13.5
surya pharma frm 135 to 90
srei infra frm 60 to 45
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