In all probability it is a dead cat bounce. Infra stocks are dur to go in coma. It may happen by end of October...

Bear grip is very tight on IDFC. Look at what happened to Sail at final hour....

Decoupling theory is possible only one way. USA is engine and others are bogey. USA prefers to decouple, as & when it wants to desert other nations....

This is a fit case for SEBI probe. it is evident that a cartel has duped honest investors. In fact illiquid scrips like core, ICSA etc should not have been in the F & O. At times you wonder about stupidity of SEBI....

With this kind of incessant selling by FIIs, todays rally may turn out to be a dead cat bounce. Buying is very risky. Selling at every rise is advisable. Tomorrow at Nifty 3560 lot of shorts will be created. ...

Thats right! The stock will dip further...

I suspect that investors sold today in the rising market. Such bounces do take place but are not indicator of trend. Market was heavily sold that SEBI just said that it may think of banning short sales, so shorts were covered. I am now afriad that SEBI will not do anything after good bounce back. By October end Nifty may touch 3000. Dow will recover tonight. But here tomorrow at Nifty 3550 shorts will be created. FIIs are still in sale mode and they have holding of $ 90 Bn still. So another $ 10 Bn outflow is not ruled out in the next 2 months. Midcaps are very dangerous at this stage. Front liners would be sold by FIIs but there is liquidity in them. DIIs can always buy them....

hembhat-The ruthless FII`s might have sold today also!!!They want to sell at every rise and destroy Indian Publics wealth!!...

Today was purly short covering. It was not bull run. Because volumes are still 50% less than as per normal....

hembhat-All that you say is a distinct possibility!!...

I read on moneycontrol that 16.75 lakh of shares were isued on conversion. But the volume traded on the two exchanges is more than 2Cr today. Secondly, if there were sellers there were buyers also. Why were the buyers buying so many shares when it is falling and can expect it to fall tomorrow. The normal volume on the two exchanges put together is about 10lacs on a day. Small investors should know who the big buyers are and who the big sellers are. buyers bought on Friday also (more than 50 lakh shares traded on Friday) Thrdly, if the conversion price is 167 then why is it falling below 167? There is too much that is not clear to an investor. Hope SEBI makes a detailed investigation. the company is not issuing any written statement also. In ET it was mentioend that some HNIs were offloading to meet margin money. 3Crs vol of shares in 2 days. They are not HNIs, they are KIM (Kings in the making). This scrip is in F&O. Without FnO would this have happened? too much confusion in this counter. best strategy - forget the invested money, now that we have lost so much, there is not much to lose. God save those who went long on this in FnO....

Hi, What does this mean to the stock? Some more downside this week? To what level, any idea?...

hembhat-From today things could have changed as Investors are nibbling in at lower levels!!...

hembhat-You are right!! ...