BUY RECLTD AS MUCH A YOU CAN IT GO UP TODAY

PROFIT JAY>>

I have reliance 720CE bought @ 25 cmp 22. Please advise.

HI KB / Tamraj Kilwish - Good Morning

Be Cautious, Nifty weak below 4610

source-TOI

Foreigners can now invest directly in Indian stocks - This has come too little too late. All the shines in Indian stock and share investments have already gone up in smokes and drifted off in thin air. Most FII's have already repatriated their investment funds out of India or are in process of doing so given the economic slowdown in India where the interest rates have been hiked up 13 times and still could not curb inflation and to stabilize the India Rupee that kept plummeting to all time lows against USD. The interventions by RBI and FM Pranab Mukherjee could not put an end to the free fall but managed to temporarily put the exchange rate in a temporary stable condition after other fiscal and monetary measures are introduced by RBI for selling their USD reserves and then implementing administrative measures that disallowed all MNC's to cover foreign exchange protection of their liabilities with forward forex contract positionings. Whatever these measures are, any human interventions are unacceptable in a free market of democracy. Now the US President and Federal Reserve are watching closely of India's exchange rate manipulations and will possibly include India into their list of exchange rate manipulations country. Then, Indian Dalal Street stock and share investments have lost one third of their value over a short period of time. Large international institutional investors are withdrawing aggressively from the Indian markets already with bruises and heavy loss sustained. It is the right time to withdraw the sooner the better as any capital loss will be further diluted with diminuition of exchange rate loss. That double-loss would frighten away any rational foreign investors planning to invest in India. For NRI's however who need to send in money to India from time to time, the current Indian scenario is the right time for making calculative moves and then to be another billionaires like Anil and Mukesh Ambani. The Indian exchange rate system and share movements are so volatile like a yo-yo that some analysts in Dalal Street predicted that it is possible for Indian rupee to dip south to 103 to USD 1 by Q1, 2012. Most NRI's are now hoarding up big time USD and to make it a splash when the Indian rupee drops to lowest levels. All in all, the current Indian financial climate is creating a lot of opportunities for NRI's and the rich to become richer and more super rich in the coming months. Those middle-class and below average middle-class Indians will be the ones who will suffer most, but if they spend their time and money in India, then it would not be heavily affected unless they have commitments to buy foreign goods and services or send money to their kids studying abroad. For the slumdogs, their lives are business as usual. Inflations affect all Indians but as the political elections months draw near, there will be alot of incentives thrown out by the government. India do not want foreigners to invest directly or indirectly in Indian stocks.

Hi Abdul
booked profit in rolta bro....thx a lot

hi cb,

how are you doing? gud mrng!
could i buy jet airways?
pls suggest intraday calls for jet?

Hi CB,

I am holding the 4600PE of 4 Lots...bought@117/-.

Can i hold or exit??

It looks like market is moving up from 4610 Level???

Thanks in advance for quick suggestion.

Thanks!!
Sri