Dear vkk43,

Chambal is a tantalising level of Rs. 36 from Rs. 50 a few days ago. How far it can go down?...

IFCI`s fall from height is really agonising. A dream gone sour. Chidambaram did not do any thing for IFCI. He could have favoured merger of IFCI with private bank like Indusind. Or he could have sold the stake to PNB. Alas what an opportunity was lost!

And now we see a price of Rs. 18. Risk takers have lost money....

Buy RNRL just before 27.11.08 before the hearing in the Court. In all probability RNRL will get windfall gain and if ruling comes in its favour then it may cross Rs. 100, while RIL will go down to Rs. 850.

Now it is to be seen who is better PRO? MDA or ADA ?...

In some other time horizon I would have disagreed with you. But knowing that election are due in March 09 and the possibility of a hung parliament, I gulp my words. But frankly I feel that Nifty will not go down to the level of 1600, as India`s GDP will be still at 6 in worst scenario. The fact that RBI is not aggressive in cutting down the interest rates, shows that the possibility of GDP at 7.5 exists. So Nifty at 2200 should be the final point at which one can think of selling his spare flat and buying frontliners and some good midcaps.

The finance Ministry also wants Oil marketing companies to make money to reduce budget deficit, So fuel prices may not be cut on rational basis. They may be cut marginally in view of election during which time RBI will reign supreme. ...

RBI in future will not give money in the hands of Realtors. They made artificial bubble by hiking realty prices to the point of madness. If Indians don`t buy houses for a year, the realty market will crash by 50%.

It pains me to see that young couples mortgaging their 20 years income for repayments. Realty shares will now bounce only in 2010....

Will it come in the region of Rs. 45 to 50? Its bounce from Rs. 44 was amazing....

Dear, which are those two stocks?...

Market is looking extremely weak going forward. It has great support at around 31/32. I think it should sustain there and if not, then it will have a free fall upto 25/27, may be....

hembhat, It is not just an opportunity lost. Many institutions/banks and their investors have lost. The loans given by some institutions/banks were forced to convert just a year back (I do not remember)at around Rs.70/- or so. It is not only the Finance Minster/Ministry at fault but also the CEO of IFCI. Some parallel is being seen presently in divestment of PNB Gilts by PNB. Egoism/headweight has no place in the market....

IFCI fall has taught a lesson. Never believe a human being like Chidambaram. Believer in GOD and in oneself. ...

Market will continue to trade in negative zone for a major part of the day on 19.11.08 Wednesday. However a late rally will enable Nifty to break 5 days of negative close. Nifty will have a positive close on Wednesday....

one is marico other was ambuja cements. i only made a good fortune. i always depend on good well managed fundamental companies. i definitely know the fly by nights clearly listed to cheat public. i am basically a investor not a trader...

Dear hembhat, Except for 1 issue that FII selling would accelerate in DEC , i would differ that they are selling heavily in indian market in NOV one month ahead of their schedule as you might have noticed in the last 3 sessions by India markets staying in negative in compare to all peers. The last Leg sufferer would be RIL,BHEL,HDFC,AIRTEL, SOME MORE PAIN IN LT all above biggies.WE may touch OCT lows if G 20 meets does not come with tough solutions or big measures which is hardly possible dur to BUSH stand on capitalism ahead of meet. Obama magic wand will hardly to be able to bring confidence back in the market as US stand on capitalism would not alter. harish sharma...

For Hembhat, Excellent post. You are fit to become planning commission chief of India- your prediction is almost certain- so that you can plan as per the prediction. rgrd brb...