Market View 14 August , 2007

HAPPY INDEPENDENCE DAY TO OUR NEIGHBOURS

WE WOULD LIKE TO WISH THEM THE INDEPENDENCE DAY.

MARKETS LOOK LIKE A TIRED MAN AS SEEN YESTERDAY. MARKETS OPENS UP WITH A GAP OF 125 ODD POINTS & WHOLE DAY SUSTAINS THERE WITH VERY RANGE BOUND MOVEMENTS. IN SUCH TIME ALWAYS A PREMATURED CALL MATTERS.

ON SATUREDAY WE HAD POSTED OUR VIEWS REG MARKETS & FEW STOCK & SECTOR VIEWS WERE ALSO GIVEN. CLICK HERE FOR DETAILS : http://alliesfin.blogspot.com/2007/08/market-view-13-august-2007.html

AUTO STOCKS YESTERDAY WE SAW SOME VALUE BUYING.
PROPERTY STOCKS WERE RANGE BOUND BUT BOTH SECTOR CAN BE ACCUMULATED FOR SHORT TERM GAINS.

NIFTY VIEW :
NIFTY CLOSE : 4374
SUPPORTS : 4365 , 4335, 4300
RESISTANCES : 4390, 4405, 4425

WE EXPECT A RANGE BOUND MARKETS TODAY & WE CAN ALSO SEE SOME PROFIT BOOKING.

TOMMOROW IS OUR INDEPENDENCE DAY, AS WE WOULD LIKE TO WISH ALL OUR READERS A VERY HAPPY INDEPENDENCE DAY.

GOOD DAY , HAPPY INVESTING.

POST CLOSING UPDATES :

MARKETS ENDED FLAT WITH JUST 16 POINTS -VE FOR SENSEX AFTER A BORING SESSION TODAY. BUT ONE THING TO BE NOTICED THT VALUE BUYING WAS SEEN IN MANY STOCKS AT BOTTOM WHICH WE COULD TELL A BOTTOM FISHING WAS DONE. THE STOCKS WHICH WE HAD MENTIONED ON SATURDAY GAVE A MIND BLOWING RETURNS IN JUST TWO DAYS ONLY. PLS REFER THE FOLLOWING LINK TO FIND OUT ALL THOSE STOCKS :-) http://alliesfin.blogspot.com/2007/08/market-view-13-august-2007.html

JM CONTRA FUND FORM LINK :-) http://alliesfin.blogspot.com/2007/08/jm-contra-fund-form.html