CNI Research

In April 2009 CNI made its first report ahead of the street when Sensex was at 8400 saying that market is bottomed out with 6 month target of 14300. DOW JONES flashed this report across the globe and global investor's community got an opportunity to see the CNI credentials. The target was hit in just 45 days which made CNI to set a new target of 21... 000 by Dec 2010 which again seen the light of the day on DIWALI day. Through out this journey many market experts kept on washing the brains of millions and millions investors saying that market will not cross 15000 16000 18000 etc and poor retail investors following their advise kept on selling shares at every rise. Now Sensex is at 18000 and market is plagued with many scams which has again shaken confidence of retail investors. At this juncture we believe that you need CNI support as CNI team believes that market is heading for 24000 in FY 2011. This all was possible for 3 reasons. One CNI was not a broking firm and heavily relied on their own content and research to form views on market. Its objective was not that investors exit in losses and re enter but to protect their wealth which was created after long struggle. The other 2 reasons were that CNI has content team which works like detectives to find out future happenings which is the lifeline of the market. Post mortem is done by 99.99% community and there is nothing new for you to act but sure for react. And CNI used its own content for formulating forward going research reports which is again rare in the industry. IDBI was wire example. CNI came out with report using own content as a turnaround story. Market and many FII analysts rejected saying IDBI will remain a dirty play. Some big investors picked the spot and now IDBI has become darling of the street but surely when the price is doubled. In case of VIP this happened when the price bumped from Rs 35 to 600 when street changed their opinion though CNI stuck with their report at Rs 35. Since FEB 2009 till date CNI has worked at 90% plus strike rate in ...Read More