Market Comments - Where Eagles Dare

Bulls are in control fully and not allowing bears the chance to bring down the market. However it is only a matter of time before bears can strike back. Markets are entering into unchartertered territory with lot of inflows every day.

Maytas Infra IPO was subscribed 100 times in FII section which shows the current appetite of FII. However please refrain from entering the market now. It is time for you to book profits and sit on cash. DO NOT worry about markets moving up as the movements can be either way and huge volatility is expected.

Jai Corp has crossed 15K and still going strong. It is going like Unitech way and those who bought recently around 6000 must be enjoying the rally.

IFCI has come down as expected and you can see 80 level also in this. You can then enter this again to make some more free stocks. Please see my stock picks link shown below for my stocks and if you are planning to enter now wait for correction before you buy the stocks.

Powergrid Corporation is listing today and if you get this stock below 70, grab it like anything. You can make 50% returns in this in 6 months time. It is a great stock to own.

I will add some more stocks to my stock pick list very soon. Keep visiting my blog for market updates. Also please post your feedback by leaving your comment so that I can know what more you expect from me.


My stock picks link :
http://indianstockmarketscomment.blogspot.com/2007/09/comments-on-current-stock-picks.html

My other blogs
http://indianstockmarketsquery.blogspot.com
http://indianstockmarketsinfo.blogspot.com
http://calculatemyemi.blogspot.com