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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 2006 Governance · Regulatory Risk Reliance Power: When Legal Clouds Gather Over Market Euphoria ₹20,367 crore attached across the Reliance Anil Ambani Group. A ₹68.2 crore fake bank guarantee at the centre of it. A former CFO in custody for ten months and counting. And a stock that's still down more than half from its 52-week high even after a sharp rally. The market is pricing the turnaround. The Enforcement Directorate is pricing the history. Both can't be right forever. Reliance Power Ltd (₹24.07) has genuinely turned a corner operationally over the past two years — debt reduction, a growing renewable and BESS order pipeline, and periods of sharp investor re-rating. That part of the story is real and deserves credit. But sitting underneath that story is a live,...
~:WINNING STROKES: THINK DIFFERENT:~
The markets behaved both yesterday and today, as expected. Yesterday, the following news was sent to the Paid Group, in "Mid-market Chart Check": The Nifty could bounce from 5017--5032 ranges.....today, I do  not think that the Nifty would break the support at 5000-5017 ranges. Watch out if the Nifty gets a bounce from 5017--5032 ranges to take fresh long positions. The momentum and money flow index are still in the BUY ZONE, indicating that this could be a bear trap--let us see. Exactly the same thing happened as NIFTY BEARS GOT CRUSHED. It was further mentioned yesterday that: Those who have bought DCB Ltd at higher levels can continue to average the scrip in all declines till Rs.41.60.  DCB Ltd moved up today also and touched Rs............SO WHAT WAS SENT TO THE PAID GROUP TODAY IN THE MORNING??!! 
Coal India Ltd which was asked to be kept on Watch List, moved to Rs.338. Yesterday, there was news in a section of the press that: It has settled bonus issue with workers and  will pay Rs.4,000 more to each employee in addition to the 17,000 rupees paid on Oct 1, 2011. A Real Estate Stock was also mentioned yesterday to be kept in the watch list....what is the name of that stock? 
Today, the following news was sent to the Paid Service members: SUN PHARMACEUTICALS INDUSTRIES: Has made an offer to buy balance 33.7% stake in Israel arm Taro at $24.50 per share, which is positive for the company. The stock rose to Rs.484.90 before cooling down a bit.
Meanwhile, there is a positive news coming from the Banking Sector: Government may infuse Rs.100-200 bln in public sector banks including BOB, BOI, and UNION BANK.

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