WINNING STROKES: THINK DIFFERENT:

The "Mad rush" for utopian levels for Crude Oil: Massive Short Covering in the Crude Oil futures kicked the Crude Price up; after the introduction of new margin rules in the Nymex:

Ennore Coke Ltd is starting Heating the Plant within 15th of this month according to the sources close to me. The whole plant is completed, only the work on Rail Carriage through which the Produce will leave the factory (after inventory built up) is been given final touches and expected to get completed within a week. However, the plant will need this part only when production starts and so the heating of the plant can start at any time from now and production will start subsequently.....By that time this work will get completed:

Mr.Ganesh Natarajan, CEO, wants immediate start of heating of the plant and subsequent production to take advantage of the Buoyancy of the commodity prices (Read Coke Prices) world wide. The Company has signed a deal with a UK Company for the Selling of the Metallurgical Coke. There are also other ready made buyers and hence the case is a little different than SBTL, because here we have a list of readymade buyers. Beside we have Shriram EPC as one of the Promoter Group Company.

Buy the share in Bulk at the CMP of Rs.27.15 to rake in huge money within some months:

Good wishes to the shareholders of Ennore Coke Ltd as we are about to see a spike in the price of its shares:

The Crude Oil prices are rising because of the mad scramble by the Crude Oil bulls to Exit Crude Oil Futures, due to the introduction of new margin rules in the Nymex. This is causing Short Covering which in turn is making the price of Crude Oil steep. But I do not think the things will continue for long because there is as such no demand pull as mentioned by Saudi Minister. According to the Saudi Minister 60% of the price rise in Crude Oil is due to speculation and Weak dollar.

The ECB factor has already been factored in the price of Crude oil and the Crude Oil bubble which developed at $131 per barrel has now become so Overstretched that it is about to "Burst at the Seams now".

There are already murmurs, that Middle East is going to be calm again after both Israel and US decided to go soft on Iran issue.

Hence I think the Crude Oil prices will crash below $143 per barrel in the Nymex within this week. I have already mentioned earlier the other reasons why crude should not sustain above $110 per barrel.

For more updates on Crude Oil please visit this blog.........

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