After a long struggle in my mind for the last 10 days, when I filled up the form to open my new demat account I decided to play long ( pure gamble) no counter strategy. I bought 8 lots of 7700 CE 2 days back & 4 lots of 7800 CE today at 3.25PM. There were two reasons which I zeroed down for this risk.
1. Total voting percentage is highest even broke the record of 1984 when Rajiv Gandhi got 412 seats. More voting I understand Decisive Voting
2. Exit Polls: I did not take account number of seats given by different channels but I saw difference in vote percentage of BJP as compared to the second largest party Congress. Difference is 10 to 14% by different channels. Usually 1 to 3% makes the election loose or win. Here the minimum difference is 10%.
Additional catalysts to my thought process: Mr. Obama gave his wishes to Mr. Modi over exit poll results win. I do not think that mr. Obama will take this step just after seeing Aaj Tak or India TV surveys. He must have also got some intelligence reports of his own before wishing.
Most Important: Tons of desi ghee Laddoos are prepared in Most of the cities. Itne laddoo koi bekar mein thodi banwata hei. :lol:
So IMO NDA is going to get unexpected more than 300 seats tomorrow itself & I am expecting market to cross 8000 levels maximum by Monday.
Now the countdown begins....:thumb: