Few months back (FM to Indian Public):
India is shining big time. We are economically very very sound. One only has to look at Sen-sex (20k+) & Nifty to verify my claim. Sensex target 25k. India & its big growth story.

Yesterday (FM to Indian Public):
India is still shinning. We are still economically very very sound. Do not look at the Sen-sex (9K) & Nifty as you may feel you have suddendly become poorer or richer (no idea who could have become richer when sensex is at 9k, only himself could be a possibility as he knew what was coming). India is well prepared to fight the Global slowdown & deeper than thought recession. Infact power is shifting from US to Asian countries. Bottomline: US/European markets fall by 1%, our great sen-sex falls by 5%. Europe up 3%, we end well below 3%. The great India story will continue....... ! Honest advice to investors (from me): buy & buy on every fall at these levels. Have patience for 12 months. The same guys who are having a big hand to bring the markets down, after accumulating good stocks at cheap prices, will come again to lift it up. Patience is the name of the game right now.
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Technically speaking, this stock does not deserve to be above 12 right now. However, the Japanese merger news & the sector in which TataTeleservices operates makes it a long term buy. In the current market scenario anything is possible, it can go to 27 (strong resistance) levels or can even fall back to sub 18 levels. As a long term investor I really don`t care even if it goes to 12 again, a couple of good quarterly results is all it needs to cross its previous high of 60. Might take 24 months, might take even 12 months. If anyone has this kind of holding capacity, this is a huge buying opportunity. Happy Investing !...

It does not mean that whatever you say is right. There will be many others who will have problems with ICICI & Citibank (well known as shitibank), IDBI will have diffent explanation to your issue and for all that you know it could well be your dumb mistake. I remember you had predicted a sell on Everonn @ 150 levels, recommended to buy at 90 & again sell at 110, Everonn from 125 is trading close to 300 now, similary your sell call on MRPL at 42 levels was most rediculous. No doubt market sentiment is bad & any upside is sold off by hunks out there. But to sell good stocks like Everonn & MRPL at such low levels was as good as commiting suicide. These are huge buys at current levels. So keep your predictions to yourself & do not mess around. IDBI is surely a good bank & end of the day it is Profit which matter. Will trade above 130 levels one year from now. ...

What a pull back by Everonn. No doubt the price was hammered for no valid reason, but it opened the door for new investors at dirt cheap levels. Some consolidation could happen b4 the next upward movement....

Expect some immediate upside in coming trading sessions coz crude will see a bounce back to 70+ levels (up 5% today) & so will MRPL & Cairn India. Good long term buy/hold. Once the expansion work completes along with their own branded fuel pumps, MRPL will rule. Huge Buy !...

With great reluctance I have finally managed to convince myself & sold off 2 useless stocks from my portfolio. The first one ofcourse was Clutch Auto & second one being TVS Motors. I had high hopes with TVS however was lucky to get some good blue chips in a fallen market & hence the shift. The shift has really worked well as most of the stocks have gained about 25% & TVS/Clutch are still below my selling price. Even though I suffered huge losses by selling these two companies,I hope I recover from the new ones. Never too late guys ! This is the time to get rid of dead stocks. And never ever listen to ICICI recommendations, make up you own mind....

Besides the advatages TM will have as mentioned in my previous post, low/falling steel prices will also benefit auto companies. 450 looks far away right now, but if market sentiment changes with some positive steps taken by the Govt., 6 months is a long time for a 450 rally. Lets wait & watch & hope the positive momentum continues....

Dear Joeboy, Feed back regarding your first line.... as I know FM never predicted any number for sensex. Regards, Sri...

All are camlion changes color very fast,i do remeber when market was on upward journey FM made remark at SENSEX 17500,that retail investors should be careful and take informed decission after that market went up tp 21000,now he is telling keep on doing mornning walk,have good sleep,go to gym,HOW when capital has been eroded by 75%. I know market would recover fast in 24 months it may give 200% RETURN we are talkiing of today FM should act rather than mislead......

I do transact in IDBI for local clearance where i use citi bank for overseas clearances. Nothing works perfectly in IDBI, email support, phone support, IVR support nothing works in IDBI even their staff don`t know reason. And I did not have any issue with citi bank so far. I might not tell sell for MRPL, I remember that MRPL were using low cost inventories earlier that`s why MRPL profit was good in q1 as compare to q2. Everonn is sitll sell from my side....

IDBI bank is definately not the best in the PSU banking sector, it is not an enterprising entity too there are better PSU banks also this bank is not as professional manged as others, i would say the best buy would be a Rs 35 levels so dont get in at such high levels, there are better PSU banks trading at 3 PE this is trading at 9 PE that is too high so wait for lower price dont loose your captial plrease ...

What a pull back by Everonn. No doubt the price was hammered for no valid reason, but it opened the door for new investors at dirt cheap levels. Some consolidation could happen b4 the next upward movement....

If the interest rate is cut, of course,it will be better for TM but to say that it will reach 450/- after six months, looks difficult....

Is all ok at the company ? Every stock is showing signs of bounce back whenever there is a pull back in the market, however, Everonn looks like a dead duck at the moment. Anyone has any idea as to what might b the reason. Could the operator b trying to accumulate from poor investors at this low rate as much as possible b4 the next upsurge ?? ...