Market View 1 October 2007

A HIGHLY VOLATILE MONTH TO COME.

Last month September 2007, we saw the month which created new highs & new records in Indian stocks markets. A month where investors portfolio gained & made traders create mind blowing returns in short term.

Our RELIANCE PACK which is almost outperforming markets day by day & which is giving traders & investors to mint lot.

The stock markets are gaining day & day but many people are thinking is this a BUBBLE or ?????. What so ever when people are minting everything is fine.

But Caution all the time as if we are trading or buying @ this levels is highly risky & have to be very stock specific or choosy for ur monies to invest for either short / long term. One thing should be clear for buy trades is that we need to hold for more then 6 months to 1 years or even higher time frame if the markets correct from current levels then this should be the view.

October 2007 would be month where one can see highly volatile sessions & one has to get ready for 2 - 3 % intraday volatility. For traders if buy trades are made then either put strict stop losses or put trailing stop losses.

This should be the strategy for the days & months to come.

Nifty Intraday levels :
Close : 5021
Supports : 5000 , 4965
Resistances : 5045 , 5060

Technical Picks : short term

Atlanta ltd : Friday recomended @ 315 locked @ 345 & target of 425 - 450

Whirlpool ltd : Firday recomened @ 40 locked @ 47 tg 54 & 60

Silverline & Pentamedia graphics Demerger story on cards

IFCI private placement expected to be done abv 120 , one can look for short term trading cmp 94 sl 85 tg 120

Repeating again hold Gtl Infra cmp 38 sl 35 tg 50+

REPEATING Autoline inds Friday recomended @ 210 cmp 216 sl 190 tg 300+

Short sell Mtnl futures @ 164 sl 170 tg 150.

Arvind mills heading 75 mark cmp 61 call initiated @ 50

FUNDAMENTAL STOCK : LONG TERM

SHIVA CEMENT ( 532323 ) CMP 9.5 , ACC LTD is having holding this cos & the cos wants to increase stake in this cos. open offer may come for the share holders.

TECH STOCKS STILL LOOK +VE : INFOSYS , TCS, TECH MAHINDRA.

SBI HEADING TOWARDS 2500 MARK CMP 1970 , Friday recomended @ 1900

HINDALCO FRIDAY RECOMENDED @ 165 HEADING TOWARDS 185 - 190 MARK CMP 172.

TRADING CALLS DURING LIVE MARKET WIL BE UPDATED IN CHAT BOX ON THIS WEBSITE.

GOOD DAY, HAPPY INVESTING

Market View 28 September 2007

NIFTY HITS 5000 MARK

A WEEK FUUL OF RECORDS. SENSEX HITTING 17000 THE PREVIOUS DAY & NIFTY HITTING 5000 MARK YESTERDAY. TECH , BANKING METALS LEADING THE RALLY WHILE WE SAW SOME PROFIT BOOKING IN RELIANCE PACK.

WE ADVISED CLIENTS TOO BOOK PROFITS IN RELIANCE PACK & BUY TECH STOCKS WHEN MARKETS HITS 17000 MARK.

NIFTY INTRA DAY LEVELS :

CLOSE : 5000
SUPPORTS : 4980 , 4965
RESISTANCES : 5030 , 5045

Markets are euphoric at this stage. We advise traders to reduce their positions or keep strict stop losses.

S&P CNX Nifty Cash: closed at 5001 and expected to move up to test 5050 level. The trailing stop loss: the level of 4880 (closing basis) is to be used for positional buy calls. Sensex near term target: 17,300 - 17,400.

Hedging Strategy: Buy Nifty Put against the buying positions as a precautionary measure.

The intraday levels for S&P CNX Nifty Cash: support levels are at 4980 & 4950 where as the resistance level is at 5050.

We would like to Book Profits In TTML , HFCL, RNRL, RPL, IDBI, PETRORNET, ISPAT INDS ETC. ONE CAN BOOK PROFIT IN EUPHORIC STOCKS.

The stocks which look positive in short term are :

Atlanta ( 532759 ) cmp 315 tg 425 - 450

Silverline & Pentamedia graphics Demerger story on cards

IFCI private placement done abv 120 , one can look for short term trading cmp 94 sl 85 tg 120

Repeating again hold Gtl Infra cmp 38 tg 50 sl 35

Whirlpool cmp 40 sl 37 tg 50 , 54

Autoline inds cmp 210 sl 190 tg 300+

All are for short term trading.

If anyone require any trailing stoplosses for any stocks then do put it up on the chat box provided on the right hadn side of the website.

FUNDAMENTAL STOCK : LONG TERM

SHIVA CEMENT ( 532323 ) CMP 9.5 , ACC LTD is having holding this cos & the cos wants to increase stake in this cos. open offer may come for the share holders.

TECH STOCKS STILL LOOK +VE : INFOSYS , TCS, TECH MAHINDRA.

SBI HEADING TOWARDS 2500 MARK CMP 1900

HINDALCO HEADING TOWARDS 185 - 190 MARK CMP 165

TRADING CALLS DURING LIVE MARKET WIL BE UPDATED IN CHAT BOX ON THIS WEBSITE.

GOOD DAY, HAPPY INVESTING

Market View 27 September 2007

EUPHORIA GOING ON INDIAN MARKETS.

ITS A RECORD AGAIN JUST 6 TRADING SESSIONS & MARKETS ARE FROM 16000 TO 17000................. & STILL MORE TO COME.

TODAY THE LAST DAY OF EXPIRY ONE CAN SEE HIGHLY VOLATILE SESSION DUE TO SOME SHORTS TO BE COVERED IN FEW STOCKS & INDEX TOO.

ONE CAN EXPECT THE MARKETS ROLLOVER ABV 17200 LEVELS FOR SENSEX.

STOCK SPECIFIC WOULD BE BETTER.

NIFTY CAN TOUCH 5000 MARK TODAY & ROLLEVER EXPECTED ABV THT LVLS.

FEW STOCKS LIKE TTML, HFCL, GTL INFRA, RAIN CALCIN, RNRL, RPL ETC MINTED IN VERY SHORT SPAN OF TIME.

WE ADVISED TO BOOK PROFITS IN RELIANCE PACK & BUY TECH STOCKS & CAN HEDGE BY BUYING PUTS IN NIFTY.

GOOD DAY , HAPPY INVESTING

Market View 25 September 2007

TARGETS ACHIEVED

OUR 1ST TARGET FOR 16800 ACHIEVED & SENSEX CLOSED WELL ABV THT LVLS. NEXT TARGET 17200.

SOME CAUTIOUS VIEWS TODAY & FROM NOW ONWARDS :

Markets do look quite heavy at current levels with more than 1lc crore open interest and two days of expiry. Traders should book profits to the extent of 40-50%.Out of the money calls on the nifty should be written.

The trailing stop loss: the level of 4900 is to be used for positional calls strictly if 4990 level is not achieved.

CONTINUE WITH OUR PREVIOUS POSITIONS & USE TRAILING STOP LOSS TO UR LONG POSITIONS.

MORE CALLS ON YAHOO MESSENGER & CHAT BOX PROVIDED ON THE RIGHT HAND SIDE OF THIS WEBSITE.

GOOD DAY , HAPPY INVESTING

Market View 24 September 2007

A NEW HIGH EVERY DAY

MARKETS HITTING NEW HIGH & HEADING TOWARDS 16800 - 17200 LVLS.

WHAT A DAY FULL OF RETURNS. RNRL JUST GAVE 40 % & RPL JUST 10% GAIN ON A SINGLE DAY. ALSO OTHER RECOMENDED STOCKS FETCHED GOOD RETURNS & OUR CLIENTS ARE MINTING GOOD IN EXTREME SHORT TERM.

ALL SECTORS STOCK SPECIFIC RECOMENDED OUTPERFORMED LIKE OUR RELIANCE PACK WHICH GAVE MIND BLOWING RETURNS.

ALSO TELECOM , ENGG STOCKS FETCHED GOOD RETURNS.

MARKETS CLOSED WELL ABOVE OUR CRUCIAL LEVELS OF 16500, NW WE ARE HEADING TOWARDS 16800 & 17200 LEVELS. FOR NIFTY THE MAGICAL FIGURE WILL BE 5000 LVLS.

WE WOULD LIKE TO CONTINUE WITH OUR PREVIOUS RECOMENDTIONS & WOULD LIKE TO ADD IT & SOFTWARE STOCKS LIKE : TCS, INFOSYS, SATYAM, TECH MAHINDRA FOR SHORT TERM TRADING TO OUR KITTY.

FOR GETTING FREE CALLS DURING LIVE MARKETS JOIN US ON YAHOO MESSENGER. OUR YAHOO ID IS : alliesfin9

ONE WHO CANNOT ACCESS YAHOO CAN GET ACCESS TO OUR CALLS ON THE CHAT BOX PROVIDED ON THE RIGHT HAND SIDE OF THIS WEBSITE & ONE CAN POST THE VIEWS / COMMENTS / SUGGESTIONS IN THT BOX. U WILL BE REVERTED BACK VERY SOON FOR THE ANSWER TO UR QUERY.

STOCKS WHICH LOOKS GOOD FOR SHORT TERM ARE :

RELIANCE PACK : RNRL, RPL, RCOM, REL CAP, RIL
ENGG STOCKS : PUNJLLYOD, ABB, SIEMENS, BHEL, LNT
TELECOM SECTOR : BHARTI AIRTEL, RCOM, IDEA, HFCL, TTML
IT & SOFTWARE STOCKS : SATYAM, TCS, TECH MAHINDRA, INFOSYS.

SOME OTHER STOCKS ARE :

AUTOLINE INDS
NEPC INDIA
MID DAY
WELSPUN GUJ
PRISM CEMENT
MYSORE CEMENT
RAIN CALCIN
IDFC
IFCI

GOOD DAY, HAPPY INVESTING

Market View 21 September 2007

DAYS OF CONSOLIDATION

AFTER HITTING ALL TIME HIGH THE MARKETS NEEDS TO CONSOLIDATE FOR FURTHER UPMOVES. THE RESISTANCE ARE BETWEEN 16400 - 16500 FOR SENSEX & ANY CLOSE ABOVE THAT WILL TAKE THE MARKETS TO NEW HIGHS.

NIFTY INTRA DAY LEVELS :

CLOSE : 4748
SUPPORTS : 4725 , 4705
RESISTANCES : 4765 4783

STOCKS TO WATCH OUR ARE :

WELSPUN GUJ : WHICH WE ARE RECOMENDING FROM LAST MANY DAYS. TG 500 WITH MORE THEN YEARS TIME. CMP 290. FIRST RECO : 225

CAIRN INDIA : TG 250. RECO PRICE : 155 CMP 175.

TTML CMP 34 , TG 45

AUTOLINE INDS CMP 215 TG 350

RELIANCE PACK : RNRL, RPL, RCOM, REL CAPITAL, RELIANCE INDS.

ENGG STOCKS : LNT, SIEMENS, ABB, BHEL, PUNJ LLYODD.

TELECOM STOCKS : BHARTI, IDEA, TTML, HFCL

OUR PROPERTY & REALITY & AUTO STOCKS GAVE MIND BLOWING RETURNS WE WOULD LIKE TO BOOK PROFIT IN THAT SECTOR.

WE EXPECT TODAY THE MARKETS TO BE RANGE BOUND

GOOD DAY , HAPPY INVESTING.

Market View 20 September 2007

A DAY FULL OF RECORDS

Yesterday was a day full of records,

Sensex made a Record High of 16330 &
Closed above 16K mark for the first time ever.
Sensex made the Highest Single day gain of 653 points.
BSE & NSE has registered Record ever Volumes.
Rupee touched a new 9 – Year high against Dollar.
Gold Touched a 27 – year high of $733.
Crude touched a Record high of $82.5/barrel.
Reliance Industries touched Market Capitalization of Rs. 3 tr. the first Indian company.

And last but not the least, YUVRAJ has set a Record by Hitting 6 sixes in an over, Fastest fifty

BUT CAN U TEL ME " Y DID FED DISCOUNTED 50 BPS. " THIS IS A WORD OF CAUTION.

MORE ON THIS WILL BE UPDATED LATER.

NIFTY INTRA DAY LEVELS :
CLOSE : 4732
SUPPORT : 4710 , 4880
RESISTANCES : 4750 , 4785

THE MARKETS HAVE CRUCIAL RESISTANCE AROUND 16400 - 16500 LVLS FOR WHICH MARKETS NEED TO CLOSE ABV THT WIL LEAD FURTHER RALLIES.

STOCK SPECIFIC WOULD BE BETTER : ENGINEERING STOCKS, AUTO STOCKS & TELECOM SECTOR TO BE CONCENTRATED FOR SHORT TERM GAIN.S

GOOD DAY, HAPPY INVESTING.

Market View 19 September 2007

NEW HIGH VERY SOON

JAI JINENDRA , PRANAM, GM, AS EXPECTED THE FED DISCOUNTED 50 BPS WHICH WE MENTIONED YESTERDAY ON www.alliesfin.blogspot.com & NW WE CAN SEE NEW HIGH VERY SOON.

WE EXPECT THE MARKETS TO OPEN FIRM WITH MORE THEN 200 PTS UP. SECTOR TO DO WELL ARE TELECOM, REAL ESTATE, AUTO & OUR ALL TIME FAV RELIANCE PACK.

MORE THINGS WIL BE UPDATED LATER

Market View 18 September 2007

WE R BACK TO ROCK BUT MARKETS ARE THERE ONLY WHERE THERE IS MAKE OR BREAK.

THE MARKETS ARE AT THE MAKE OR BREAK SITUATIONS @ 15600 LVLS & PLAYING IN THE SAME RANGE OF 100 - 150 POINTS UP OR DOWN.

TODAY IS THE DAY WHEN WE ARE HAVING FED MEETING FOR RATE CUT & ALSO MEETING OF BOJ.

EFFECTS OF FED RATE ACTION ON MARKETS :

1. IF IT REMAINS UNCHANGED THEN WE EXPECT MARKETS TO FALL
2. IF DISCOUNTED BY 25 BPS THEN MARKETS TO REMAIN RANGE BOUND LIKE THIS WHICH IS HAPPENING NW.
3. IF THE RATE IS DISCOUNTED WITH 50 BPS THEN MARKETS TO SEE NEW HIGH VERY SOON.

WE EXPECT THE 3 POSSIBILITY TO HAPPEN & WE EXPECT THE MARKETS TO SEE NEW HIGH VERY SOON.

NIFTY INTRADAY LEVELS :

CLOSE : 4495
SUPPORTS : 4475 , 4465, 4440
RESISTANCES : 4510, 4530 , 4545

STOCK SPECIFIC VIEWS :

ENGINEERS INDIA : EIL : 532178 : CLOSE 485, A PSU COMPANY WITH GOOD FUNDA & DIVIDEN PAYING LOOKS ATTRACTIVE AT CURRENT LVLS WITH TARGETS OF 800 - 900 WITH MORE THEN YEARS TIME. FOR TRADERS IF CROSSES 510 WITH VOLUMES THEN ONE CAN EXPECT GOOD RETURNS IN SHORT TERM.

ADVANCE MICRO : 517552 : AN OPTO CIRCUIT GROUP COS LOOKS GOOD FOR SHORT TERM TG 90 - 105 CMP 70. ANY TIME WE EXPECT ITS MERGER WITH PARENT COS.

FEW DAYS BACK WE HAD MENTIONED ABOUT THE INDIAN PIPE INDUSTRY WHICH INCLUDE WELSPUN GUJARAT, MAN INDS, PSL LTD WHICH GAVE MORE THEN 20 % RETURNS IN SHORT TERM. STILL THIS SECTOR AS A WHOLE IS VERY BULLISH.

CALL ON TANEJA AEROSPACE @ 155 CMP 171 TG 215 - 225. SHORT TERM.

SOLAR ENERY AS A SECTOR WE ARE BULLISH ON THAT & FINDING NEW SCRIPS FOR OUR CLIENTS.

SHRE PRECOATED STEEL JUST 20 DAYS BACK WE MENTIONED HERE TO BUY @ 250 WITH TG OF 600 IN A YEAR OR MORE TIMES , RAN VERY FAST CMP 450 MAALL LAAVVVVVVVVVVVVVV. WHT ELSE U WANT IN SHORT TERM. JUST 200 RS IN 20 TRADING SESSIONS.

ADANI ENTERPRISES LOOKS GOOD FOR TRADING ABV 415 TG 500 IN SHORT TERM.

ALSO OUR PROPERTY STOCKS LIKE UNITECH, DLF, HDIL & OTHERS DOING WELL.

ALSO MANY MORE THINGS TO WRITE & TALK ABT MARKTES BUT TIME DOES NOT PERMIT.

GOOD DAY , HAPPY INVESTING.

Market View 12 September, 2007

AGAIN MAKE OR BREAK SITUATIONS

NIFTY NEEDS TO CLOSE ABV 15600 FOR MINIMUM 2 - 3 DAYS , IF DONE THEN WE CAN SEE NEW HIGH VERY SOON. FOR NIFTY THE LVLS ARE ABV 4510.

NIFTY INTRADAY LVLS :
CLOSE : 4497
SUPPORTS : 4475 , 4440 , 4410
RESISTANCES : 4510, 4525 , 4545

WE EXPECT THE MARKETS TO OPEN FIRM & REMAIN RANGE BOUND.

STOCKS VIEWS :

WE CONTINUE WITH OUR YESTERDAY SHORT TERM DELIVERY CALL OF

TTML
WELSPUN GUJ
CAIRN INDIA
PRISM CEMENT
MID DAY

WE ARE +VE ON THE FOLLWING STOCKS FOR EXTREME SHORT TERM :

EVERONN
ZYLOG SYSTEMS
MOITLAL OSWAL
NITINFIRE
NOCIL
RNRL
RPL
IFCI
IDBI
IDFC
FSL
& MANY MORE

KEEP 3% STOP LOSS & TG OF 5 TO 8 % UPSIDE

FOR ANY STOCK SPECFIC QUERIES THEN PUT UP IN THE CHAT BOX PROVIDED ON THE RIGHT HAND SIDE OF THIS WEBSITE, SCROLL DOWN.

TODAY ONE CAN SEE GOOD MOVEMENTS IN PROPERTY & REALITY STOCKS LIKE : UNITECH, HDIL, DLF, PARSVNATH, PENINSULA LAND ETC

WE ARE NOT AVAILABLE FOR THE NEXT TWO OR THREE TRADING SESSIONS IF ANY QUERIES THEN CALL / SMS +91 98699 58999

GOOD DAY, HAPPY INVESTING

Market View 11 September 2007

VOLATILE MARKETS BUT STOCK SPECIFIC ll BE BETTER

AFTER A HIGHLY VOLATILE SESSIONS BY OPENING WITH A GAP OF MORE THEN 150 POINTS DOWN ON SENSEX THE MARKETS RECEOVERED FROM LOWER LEVELS & MANAGED TO CLOSE NEAR 15600 LVLS & NIFTY 4500.

WE WOULD LIKE TO REPEAT THAT THE SENSEX & NIFTY SHOULD CLOSE ABOVE 15600 & 4500 RESPECTIVELY FOR MINIMUM 2 TO 3 DAYS. THEN ONLY WE CAN SEE NEW HIGH.

NIFTY SPOT INTRADAY LEVELS
CLOSE : 4507
SUPPORTS : 4500 , 4475 , 4440
RESISTANCE : 4525 - 4545 , 4565

WE EXPECT THE MARKET TO OPEN FIRM & SELECTIVE STOCK SPECIFIC APPROACH WILL HAPPEN.

STOCK LVLS :

CAIRN INDIA : BUY ABV 158 SL 155 TG 163 -165 INTRA DAY & IF CLOSES ABV 163 THEN 180 - 185 WILL BE SEEN VERY SOON

TTML : BUY ABV 33.75 SL 31 TG 35 , 37.5 , 39

BIRLA CORP : BUY ABV 327 SL 321 TG 335 - 340 INTRA DAY.

PRISM CEMENT : BUY ABV 64 SL 61 TG 69 - 70 INTRA DAY.

SHORT TERM BUY WHIRLPOOL CMP 40 SL 37 TG 50

YESTERDAY WE HAVE BTST CALL OF RPL , HDIL, RIL , IDBI & IFCI.

FOR GETTING CALLS ON LIVE MARKET JOIN US ON YAHOO : alliesfin9

GOOD DAY , HAPPY INVESTING.

Market View 7 September 2007

USE RALLIES TO BOOK PROFITS IN MARKET, NOTHING MORE TO UPDATE AS BUSY WITH SOME WORK. THIS DOES NOT MEAN WE ARE ADVISING TO BUILD UP SHORT POSITIONS.

GOOD DAY. HAPPY WEEKEND.
USE MONEY IN SOME GOOD RELIGIOUS WORK.

Market View 6 September 2007

MAKE OR BREAK

Markets are standing at make or break situations. If sensex manages to close for minimum 2 to 3 days abv 15600 & nifty 4525 then we can see new high. But this situation seems to be tough. Also other view if sensex closes below 15400 & for nifty 4425 then we can see lower lvls.

Currently we are trading for sensex 15500 & for nifty 4475. We have to wait & watch for the levels to be breached either ways. We are advising to use rallies to book profits but not short sell.

We accept that we are not that masters that we buy almost @ bottom prices & sell @ higher prices, we have to trade in between the high & Low prices. With the help of charts & technical analysis we can try the best that we buy @ close to bottom prices & sell @ close to higher prices.

Nifty spot intra day levels :
Close : 4475
Supports : 4460 , 4440 , 4400
Resistances : 4485 , 4495, 4525

If today nifty spot starts trading below 4460 then it could come down to 4425 & even 4400 lvls.

The markets looks range bound with -ve bias & one can use rallies to book profits.

Stock trading calls :

Positional call : sell century textiles cmp 785 sl 810 tg 740


We had advised to book profits in our Auto Stocks call, Engineering stocks & Banking stocks.

Shre precoated steel Book profits @ today circuit rate of 363 recomended @ 250 lvls last week.

Buy IT stocks for invesments : Tcs, Infosys, Satyam, Tech Mahindra. Also one can see good movements in small & mid cap IT & Software Technology stocks.

Good day, Happy investing

Market View 5 September 2007

Again Reminding to use rallies to book profits

Markets after making high of 15550 & for nifty 4501, we saw some selling pressure & whole day the markets were unable to cross the highs. As mentioned earlier the markets had target of 15500-15600. But if markets consolidate @ this levels & closes abv 15600 for 2-3 sessions then one can see new highs very soon.

Nifty Intraday Lvls :
Close : 4479
Supports : 4440 , 4400
Resistances : 4510 , 4525

For today markets would open up but at higher lvls profit taking will be seen.

IT STOCKS LIKE TCS , INFOSYS & TECH MAHINDRA CAN BE ADDED AT DIPS.

BOOK PROFITS IN OUR AUTO STOCKS CALL & ENGG STOCKS.

WE EXPECT MARKETS TO CORRECT FROM CURRENT LVLS & CAN TEST AGAIN 15000 LVLS.

FOR INTRA DAY TRADIN CALLS JOIN ON YAHOO MESSENGER.

Since last many days we are advising to USE RALLIES TO BOOK PROFITS. Chk out previos posts.

OUR BHUSHAN STEEL CALL GIVEN FOR INVESTMENTS @ 600 2 MONTHS BACK, BOOK PROFITS @ 1000 LVLS. JUST 40 % IN 2 MONTHS

GOOD DAY , HAPPY INVESTING.

Market View 4 September, 2007

MARKETS CLOSE TO ACHIEVE TARGETS 15500 - 15600

THE MARKETS ARE CLOSE TO ACHIEVE THE TARGETS OF 15500 - 15600. FOR MORE DETAILS CLICK HERE http://alliesfin.blogspot.com/2007/08/market-view-29-august-2007.html

WE HAD A NON STOP RALLY FROM 13800 TO 15500 WHICH COME TO AROUND 1700 POINTS GAIN ON SENSEX. WE FEEL THAT WE SHOULD USE THIS RALLIES TO BOOK PROFITS & WE SHOULD NOT START BOOKING PROFITS WHEN THE MARKETS START FALLING.

TRADING LOGIC @ THIS LVLS :~)

THE SMART & WISE PEOPLE LIKES TO BUY LOWER & SELL HIGHER. IF YOU DONT KNOW WHICH IS THE HIGHER LEVEL THEN DO ONE THING , IF U GAIN MORE THEN 10% OR ANY % U DECIDE & IF THT PRICE COMES THEN BOOK PROFITS WITHOUT THINKING THAT AFTER WE SELL THE STOCK MAY RALLY. U GOT URS PROFITS & LET OTHERS EARN IF THE STOCK RALLIES.

NIFTY INTRADAY LEVELS :

CLOSE : 4475
SUPPORTS : 4440 , 4400
RESISTANCES : 4500 , 4525

WE BELIEVE THE MARKETS TO TRADE RANGE BOUND TODAY WITH -VE BIAS.

BOOK PROFITS WHERE EVER U GET & WE ARE BOOKING PROFITS IN OUR LONG TERM PORTFOLIO.

Market View 3 September 2007

USE RALLIES TO BOOK PROFITS

MARKETS HAVE RALLIED MORE THEN 1500 POINTS JUST ONE WAY WITHOUT TAKING ANY STOP. WE WOULD LIKE TO ADVISE THE READERS TO BOOK PROFITS BY USING THESE RALLIES AS ONE CAN USE LOGIC TO BUY @ DIPS & SELL @ HIGHER LEVELS. SO WE ARE NEAR TO THE TOP AGAIN. SO THOSE PEOPLE WHO HAD MISSED THE PREVIOUS RALLY CAN USE THIS RALLY TO BOOK PROFITS. THESE RECOMENDATIONS DOES NOT MEAN TO SHORT SELL.

NIFTY VIEW :

CLOSE : 4464
SUPPORTS : 4440 , 4410 , 4385
REISITANCES : 4475 , 4500 , 4525

INVESTMENTS AT THESE LEVELS MIGHT NOT GROW VERY SOON NW AS MARKETS ARE PEAK & ALSO THE US SUBPRIME FIGURES & US NOS WILL BE OUT IN COMING MONTH. SO VERY CAUTIOUS OUTLOOK ADVISED.

FOR TRADING BUY @ SUPPORTS & SELL @ RESISTANCES TAKING SHORT TERM VIEW.

STOCK SPECIFIC VIEW :

RELIANCE PACK : WE WOULD LIKE TO BOOK PROFITS IN RELIANCE INDUSTRIES OUT OF OUR RELIANCE PACK. SO NOW ONLY FOUR PLAYERS IN OUR RELIANCE PACK : RELIANCE CAPITAL , RELIANCE COMMUNICATION, RPL, RNRL.

ENGG STOCKS : ABB, SIEMENS, LNT.

BANKING STOCKS : SBI, ICICI BANK.

MID & SMALL CAP STOCKS ARE :

FSL
DISH TV
WHIRLPOOL
TANEJA AERO
TECH MAHINDRA
CREST ANIMATION
SHASUN CHEMICALS
SHREE PRECOATED STEEL

LAST WEEK WE HAD ADVISED FOR SHORT TERM INVESTMENTS :

AUTO STOCKS : MNM, TATA MOTORS, MARUTI & BAJAJ AUTO

PIPE INDUSTRY / SECTOR : WELSPUN GUJ, MAN INDS, PSL

NSE to add 14 stks more in F&O Segment from September 6 :

3I Infotech, Aptech, Bhushan Steel, Biocon, CMC, Havells India, Lakshmi Machines, NIIT Tech., Nucleus Software, Sasken Comm., Tech Mahindra, Tulip IT, Welspun Guj St. and Yes Bank.

FOR MONDAY THE MARKETS TO OPEN FIRM & IN SHORT TERM LIKE TO TOUCH 15500 - 15600 WHICH IS OUR SHORT TERM TG & MENTIONING SINCE LAST MANY DAYS.

GOOD DAY , HAPPY INVESTING