Monday, February 4, 2008

Market Review

Hi Friends
Rathi Udyog recommeded @ 28 hits 2 consecutive buying freeze.. Still worth a BUY.
Market as expected..opened strong.. and ended on a strong note. All those who had bought the 5500 Nifty call @ 170 on my recommendation.. can book out the profits tommorrow. All those who are holding the lottery ticket of NIFTY 6300 call @ 50 given in JAN for Feb series.. keep holding it (treat is as a lottery ticket as i said before).
The RPOWER refund have started and it will attract fresh buying from the investors after getting the refund. RPOWER is listing on 11th Feb, 2008.
I once again caution investors to stay away fully or stay in maximum cash till the BUDGET because we are at a very uncertain position and we can see a major move either side. Also I have some intresting data for all which proves that at current levels we are standing at very very important support/resistence levels for NIFTY and we need to cross it with heavy volumes and sustain to confirm the end of the BEARS.
The biggest Call OI is seen at 5,600 strikes (12.21 per cent of total
Call OI) and it will act as resistance. The 33.2 per cent of Put OI is
seen at 5,100 (17.94 per cent) and 5,000 (15.25 per cent) and hence it
will act as support levels

Today I am going to give some detailed reports aboput the few stocks which I have been covering recently and I feel that they are going to be the MULTIBAGGERS for MEDIUM?LONG TERM INVESTMENT.
The stocks are discused individually on this blog.

Happy Investing
Investomaniac
JAIDADIKI

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