Monday, August 8, 2011

Nifty View - DENIP Consultants - Dewang K Mehta


Dear All,

At the risk of sounding cocky, we are going to come out and say that we told you so. A lot of people got worried when we opened almost 3% lower this morning, some even started shorting the market. However if you would have followed our advise (http://denipconsultants.blogspot.com/2011/08/nifty-view-denip-consultants-dewang-k.html)  you would’ve been a buyer and not a seller this Monday morning.

Hope none of the people associated with us or reading this email or reading our blog went short in the market. We however strongly believe that the rally that comes in next will be a relief rally and that people should look for opportunities to sell the rally. Please be patient and opportunities will come knocking. (http://denipconsultants.blogspot.com/2011/08/what-do-you-do-with-your-sip.html)

Godrej industries had fallen down to 205 and we hope that some of you bought the stock as per the levels mentioned by us this past week (http://denipconsultants.blogspot.com/2011/07/godrej-industries-6month-buy-dewang-k_30.html).

Thanks,
Dewang K Mehta
DENIP Consultants

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