Market View 29 August 2007

MARKETS HEADING TOWARDS 15500 - 15600

WE ARE BACK AFTER TWO DAYS VACATION. MARKETS HAVE BOUNCED FROM THE RECENT LOW OF 13779 & 13870 WHICH ARE VERY CLOSE TO 200 DMA & STRONG SUPPORT. MARKETS HAD FILLED THE GAP AROUND 14960 - 14970 LVLS WHICH HAS BEEN FILLED TODAY & FROM HERE WE EXPECT THAT MARKETS TO BOUNCE FROM HERE & CAN GO UPTO 15500 - 15600 LVLS. FOR NIFTY THE 4500 - 4525.

ON 23 AUGUST 2007 WE HAD WRITTEN THE FOLLOWING THINGS : PLS CLICK THIS LINK TO READ MORE http://alliesfin.blogspot.com/2007/08/market-view-23-august-2007.html . WE ARE CLOSE TO 15000 NOW & NEXT 15500 - 15600.

WE HAD POSTED ON THE FOLLOWING STOCKS TO TRADE IN LAST WEEK FOR SHORT TERM

RELIANCE PACK : RIL, REL CAP, R COM, RPL, RNRL
ENGG STOCKS : ABB , LNT, SIEMENS...........
BANKING STOCKS : SBI, ICICI BANK..........

OTHER STOCKS CAN BE CHECKED OUT FROM LAST MANY DAYS WERE

EDUCOMP
SHRE PRECOATED STEEL
ZYLOG
WHIRLPOOL
ORICON ENTERPRISES & MANY MORE.

FOR SHORT TERM THE MARKETS SHOULD CLOSE ABV 14980 LVLS FOR TG OF 15500 - 15600.

GOOD DAY , HAPPY INVESTING