Tuesday, October 9, 2007

IT Chips are ever crisp!

Blue chips are either very sweet or salty, but they are tasting bald now, so bald that most of the dalal smarties have gone bald and are driven wild.IT companies make money, a huge corpus of which comes from the lion's den (US) in terms of raw meat (US $).The meat is infected now, its filthy and the India Hay (Rs) is being preferred over the US meat now.Blue chips though are recovering from the lost grounds they are struggling to make a mark in the sensex pull over thats happening oflate in the Dallal bunglow - Thanks to our Ambani - Always Moves Ballistically & Artificially the Nifty & Index.:)

Anil's new ventures are playing a new game of 20-20 involving all the stocks today.A potent optimist like me always predicts positive levels in the market in the upcoming days.

I hold a huge amount of stocks in Wipro - A blue chip major - @535 levels.

My opinion on Wipro :
1)It can defend itself under any pressure so I am bullish about this stock
2)Last time when Wipro declared a bonus was in 2005,so its a gala time for people who have held this piece of script since atleast 4 months !! coz bonus is surely underway to double your corpus !
3)I see Wipro climbing to 550 levels by mid November after this quarter results (October),then would touch 600 levels by December and would give a shocker by going upto 800 levels by march.
4)I currently recommend to buy this stock at current Levels (its 486 now ) and hold it for next 6 months.
5)Imagine a bonus in the month of Nov or Feb with the stocks doubling by this bullish run !would easily give 150% margin ! he he

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