Strike it Rich with the right stocks...

Very soon we may see FED Chairman,Ben Bernanke, slash interest rates by another quarter percent to bring them down to 4.5%. It seems he wants the ordinary house owner to celebrate his Christmas amid cheers rather than sulking over asset's depriciating value.But the poor man too has run out of options.To draft American monetary policy during such troubled times is no easy task either. On one hand oil is trading around $93 per barrel and commodity prices are shooting over the roof.But increasing interest rates could destroy the residential real estate which has an aggregate value of about $21 trillion, and is the single biggest source of US household wealth. If home prices fall 15%, it could wipe out $3 trillion of household wealth, and could give a huge blow to consumer spending.About 7.6 million Americans workers are employed by construction companies, so a 15% decline would translate into the loss of 1 million jobs . So the guy has little choice but to go ahead with a rate cut of a minimum 25bps.

So what does this rate-cut has in place for an Indian investor.Well we could see the dollar slumping to Rs38.Crude may test $100 per barrel and commodity prices could sky rocket.Gold is all set to test $850/oz in coming weeks and commodity bulls are all set to rake in the moolah.Weak dollar will further weaken the dollar internationally.So large hedge funds and FIIs will increase their investments in emerging markets including India.So all the investors can expect the NIFTY to test 6300 level in coming days.Similarly Sensex could test 21500 level.FII money usually chases fundamentally sound counters. So blue chips will become a lot dearer in coming days.Traders and investors can remain long. So if you want make money look out for the following counters.
1)Rel.Petro TGT 280
2)Voltas TGT 250
3)PFC TGT 270
4)PowerGrid 180