Thursday, December 27, 2007

Market Comments - Bulls in Full Flow

Bulls were in flow for second day in a row and the short sellers were trapped so badly that there was no profit booking seen towards closure as the number of shorts were very high.

Reliance was in full flow and it is now at 2900 and just another 100 away from the magical 3000. Once this is crossed we will see lot of action and the news of stock split coming soon.

Jai Prakash Associates was one stock which was not talked about me but it moved from 1275 before split to cross my target of 2000 which was one year target but it was achieved in 2 months.

DLF was another star performer and it crossed 1000 yesterday and now the revised target is 1500 in one year but it may be achieved soon.

GMR Infra touched 248 and we should see it move towards my target of 325 by March 12th.I have given access to all those who completed their registration formalities till Dec 26th.

Tomorrow will be my last post in this blog.

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