Thursday 6 December 2007

Market View 7 December 2007



We are back after many days,
updated here with the chart to clear some technical views :

Markets are in strong bull phase, we had asked our client to buy again around 18300 levels & also we had posted our views to buy at those levels on this website too. Today we are again around 19900 levels where we booked profit last time. But we are not booking profits at this junction but we are now using trailing stop loss to our postions.


In this chart we had shown that markets are having strong trendline support around 19500 - 19600 levels which is our trail stop loss as on now. Once we close below this levels we can see some panic selling happening in markets.

On 6th December 2007 we saw some profit booking in markets as there are multiple resistance levels around 20000 sensex levels. This is shown in the chart. But we feel that now this time the markets to cross all this resistances & we can see 20700 - 20800 levels for Sensex.

Sectors which can outperform & which we are recomending in the last few trading sessions are

Relaince pack our all time hits
Banks
Metals
Infra
Engineering


Try to catch the largies only.

Also in the last few days we are witnessing some value buying in Tech & IT stocks like : Infosys, Tcs, Satyam & many other small & midcap stocks in this sector.

We have started a free sms services to reach our non clients, one has to send this simple sms from mobile & get registered with us. Sms which has to be sent from mobile is Join AlliesFin to 567673434 ** U wil get Welcome sms but do not reply to that sms.

**This service is available for Indian mobile operators only.

STOCKS SPECIFIC APPROACH WOULD BE BETTER IN THE DAYS TO COME.


MORE UPDATES DURING LIVE MARKETS WILL BE ON OUR SMS SERVICES & ON YAHOO MESSENGER.

We do manage Private Client Group ( PCG ). Intraday / short / mid / long term calls are being given to them. For all that services we do charge Professional Fees for just Rs 9000/- per quarter & Rs 27000/- anually.


Interested persons can contact personally.


Good Day,
Happy Investing

ALLIES FINANCIAL SERVICES
09820191219
MUMBAI

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