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I appreciate the conversation between Akshay and Prem, highly affectionate and intellectual. The boarders should learn from them.
As IFCI and all over the market is concerned, the volatility will remain high because at this stage neither the Bulls are confident and Bears are also very afraid for any sudden jump from this very lower level. So until expiry i.e. 31st May one can see a trading range of Nifty 4900 + and - 100. i.e. 4800 to 5000 and IFCI between 34 to 38. The direction may be taken if it breaches this level to lower or high from this level.
agrawalknath...
Dear Prem
Thanks for the advice and do write if you can on IFCI Board . I do not know which other stocks you write . However I fancy IFCI.
I will keep in touch whenever I get time since it is difficult to do that in Office .
I am heavily invested in Ifci . Meanwhile I Will look out for other stocks as per your advice.
Cheers & Best Regards
Akshay
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Oh dear Akshay- what a great pleasure to be hearing from you after a long long time. Over the period, I have realised that even if all eggs be destined to develop into magnificient chickens, one should refrain from putting all eggs in one basket. If one scouts the market, there are many other very good scrips, with very low valuations low despite extremely low p/e, below book value and with hell of a bright future. Besides, IFCI is prone to be dealt blows by the establishment. I have distributed my money in few such stocks. Dealings in F&O too continues.
I am emotionally attd to IFCI because here I got my grooming and have great men and kind friends. I am off giving my views but do write occasionally and read the posts religiously.
Permit me to express my happiness again. Cheers, regards and God bless (Prem)
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Lets clarify that a pessimistic view on IFCI is not an ill informed view...lets accept that those who wree pessimistic were proved right..the stock went from the 40s to 19 and back to 40s and now 34...those who are pessimistic on IFCI are not weak people but the ones who have been proved right...iam one of those positive on the stock but that doesn`t make me well informed and at least till now, my view has been proved wrong !...
Strongly hope abt this stock. target 40 in this week...
