Thursday, October 13, 2011

Bull cartel laps up Infosys shares...kya kare Dhanvarsha ?

An operator cartel comprising a large i-banker, a bull operator and his guru and a large corporate-promoted fund house were seen buying shares of Infosys in large numbers. According to an institutional dealer, the group had long back decided to put its weight behind Infosys if it reported good numbers in the second quarter. 

With Infosys reporting a near 10% growth in second quarter profits, the cartel may build huge positions on the stock for some more time. "The cartel is trying to pull the market by buying Infosys, which has 9.3% weightage on the Sensex," the dealer said, adding, "L&T and RIL are other stocks that are on the immediate coverage list." Shares of Infosys ended 7% higher at Rs 2,680.50 on the BSE on Wednesday. 
Source...

yesterday's chat  clip ...

kailash Chaturvedi (10/12/2011 8:12:55 PM): aaj infy result was discounted
kailash Chaturvedi (10/12/2011 8:13:13 PM): iip data pressed nifty below 5k
kailash Chaturvedi (10/12/2011 8:13:25 PM): then
kailash Chaturvedi (10/12/2011 8:13:35 PM): why it blasted ?
kailash Chaturvedi (10/12/2011 8:13:43 PM): i dont know

Gautam (10/12/2011 8:15:44 PM): Gujjus short position banane ke liye shayad. Short covering karaya hoga sabse.
kailash Chaturvedi (10/12/2011 8:16:31 PM): see mkt band is 4800 to 5100
kailash Chaturvedi (10/12/2011 8:16:38 PM): max 5180
Gautam (10/12/2011 8:16:43 PM): Aur reliance ke baare mein sabko pata.
kailash Chaturvedi (10/12/2011 8:17:05 PM): kal infy ko 100 point giraya
kailash Chaturvedi (10/12/2011 8:17:19 PM): aaj 100 point gap up kiya
kailash Chaturvedi (10/12/2011 8:17:40 PM): kal infy men koi oi change nai tha
Gautam (10/12/2011 8:17:42 PM): Hmmmmm.long position banaya.
kailash Chaturvedi (10/12/2011 8:18:09 PM): means jo neeche girane men sell mara wo neeche long kiya
Gautam (10/12/2011 8:18:10 PM): Ok.
kailash Chaturvedi (10/12/2011 8:18:43 PM): aaj 200 point oopar lake phir short banaya hoga
kailash Chaturvedi (10/12/2011 8:19:02 PM): huge oi buildup dikhta on ground


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