Winning Strokes: Think Different:

[Updated]

Yesterday I asked the risk taking investors of my Paid Groups to buy scrips or keep accmulating--this time also I am correct to the lees.

In today's morning mail, it was mentioned that some activities could be seen in the Reliance Industries Ltd due to the new developments in the company and Infosys Tech could get new orders from Bank of America---both the scrips zoomed today. It was further mentioned in my morning newsletter to the Paid Groups, that this new development in Reliance Industries Ltd could pull up the other Reliance Group companies and the same thing happened. Most of the scrips in the Reliance Pack moved up in tandem with Reliance Industries Ltd. I am still telling you the maximum beneficiary would Reliance Industrial Infrastructure Ltd. Those who will invest at the CMP of Rs.719, would get their investments doubled by March, 2009--only in 6 months. Which instrument will give you such mind boggling returns.

Meanwhile, Kohinoor Broadcasting Croporation Ltd, Vijay Shanti Builders, Kamanwala Housing Construction Ltd, Etc. hit the buyer Freeze today.

Buy Ennore Coke Ltd in lots and in all declines to get good appreciation in the next 3 months time frame. Vishwakarma Pooja has already been peformed on 17th September, 2008.....The counter has been showing increased volumes in the last few days. Some good news expected very soon........

Reliance Industrial Infrastructure Ltd is also showing good strength reflecting the overall trend in the Reliance Group of Companies.

BGR Energy Ltd, W S industries Ltd, KEC International Ltd and Sunil High Tech Engineers Ltd should be accumulated on all declines.

In the IT Space, accumulate large quantities of Ram Informatics Ltd and ASM Technologies Ltd (mini-Infosys Technologies Ltd).

Graphical Check:

Excerpts of my today's morning mail (19-09-08) to the Paid Groups:

The market had a sharp gap down opening yesterday. Within minutes it tested its crucial support level of 3800 and then showed a spectacular rally which left most market participants in awe.

I think I had mentioned yesterday that it was more probable to reach 4000 than 3640---exactly the same thing happened at the end of the day. Eventually Nifty accomplished the Herculean task of crawling into the positive territory from the morning blues.

The F&O data, the turnover and other indicators have indicated a permanent bottom for the market. The sudden and swift rise of the indices point towards a start of a rally which could unfold many more opportunities for the bulls.

Even Rakesh Jhunjhunwala was optimistic about yesterday's rally and commented, "the way the market moved up touching the historic lows seems to indicate a rally is in the offing". This time in all probability the rally would be swift and fast. Lot of money is waiting on the sidelines to enter........

Hence, one may buy at current prices (aggressive buy calls) and on all declines keeping XXXX (these inputs for the Paid Groups) on Nifty, as the stop loss for targets of XXXX (for Paid Groups) and XXXX (for Paid Groups) in the short to medium term respectively. Remember the bull markets are "born in despair and die in Euphoria".

After a period of ten odd months we can see a huge positive bias for the market. Investors may buy on the premise that the worst in terms seems to be behind us. The fact that today's opening rally was not strong indicate the existence of desperation; this if read between the lines is expected to kick start the victorious journey of the Bulls.

The IT sector continues to be a market performer, while I feel it will be outperfomer due to rapidly changing fundamentals of the US Economy. In case of CNX IT, XXX (for the Paid Groups) may be treated as the pivot for long term investors. As long as the index trades above it, the stance based on Charts is bullish. Short term target is around XXX (For the Paid Groups). Profits need to be booked around this level and wait on the sidelines for further clarification. However, the depreciating rupee and consolidation in the US financial industry augurs well for the Indian IT Sector. Besides, Infosys could get more orders from Bank of America.

Also note that Bank of New York is holding good number of shares of BSEL Infrastructure Realty Ltd.....