Market Mantra
Updated

Indiabulls Real Estate Recommended at around Rs.65-66, only a couple of days back touched Rs.71.5 today. Book profits in the counter as the short term target has more or less being achieved. I recommended this scrip, a day before when a well known analyst gave a sell call on a financial channel. He gave a target of Rs.58 for the scrip, if I can remember correctly.

There is no stopping of Vijay Shanthi Builders Ltd as the scrip touched Rs.21.70 today. It is one of the finest stocks in the real estate space. 

I hope most of you have taken position in Northgate Technologies Ltd or averaged the scrip by now. Today, the scrip is up more than 4% in the afternoon trade. At anytime the scrip could start  hitting the buyer freezes. I  have already kept a brief report as why one should invest in the shares of Northgate Technologies Ltd at the CMP of Rs.9--10. Also, please  have a look at the consolidated results of the company instead of standalone results to see that Northgate Technologies Ltd has started to make profits---or at present it is a profit making company.
Jupiter Bio Science Ltd is also doing well today as it touched Rs.13.80. Please do not look at the results, just keep buying this scrip, as it could be one of the potential multibaggers.  
My recommended Rolta Ltd at Rs.57, today touched Rs.78.90. Those who are holding can expect the scrip to touch Rs.100, within some week---please hold on to  your guns and add on declines.  
Allied Digital Services Ltd is probably consolidating at the current price of around Rs.27-29. The fire works could probably start once the buy back programme of the company is over---which is 17th February, 2012.  

There is no stopping of IFCI Ltd as the scrip today touched Rs.27.90. I have already mentioned that it is heading towards Rs.39-42 mark in the coming days. Hence please hold on to the stock and keep adding on  all declines. 

Now Nifty can move only in one direction, a repeat of 2004-05 probably and hence please do not take aggressive shorts or else you might get bankrupt. The 5400 in Nifty is now only a given conclusion.