Saturday 24 November 2007

Market View 26 November 2007



Markets have become highly volaitle as we had seen in the last few days. This will also continue in the days to come. We should change our mentality & get use to with such kind of short term movements as long term story is gr8.

Please refer our previous posts/articles on this website around Diwali days when markets are @ 18300 levels & we had asked people to buy. The chart above shows @ wht levels we had asked to buy & wht levels we booked profits.

In this week we again saw the levels of 18300 & again we had initiated a buy call in the markets for short term. Our Sms group members is knowing this fact & u can also be our sms group member as its free of cost, just send this sms from ur mobile Join AlliesFin to 567673434 & u will receive a welcome sms from our side but do not reply to that sms. U will then receive sms from our side as & when we send them.

In short term we can again place the targets for sensex @ 19200 , 19500 & 19850. Today we are @ 18850 levels. On Monday we expect the markets to cross 19200 levels which is more then 350 points from current levels.

For nifty the same levels are 5710 , 5775 , 5850. This week there is F & O expiry due to which markets will remain volatile but in times of panic do not throw away stocks @ dirt cheap prices.

Sectors which look good in short term are :-)

RELIANCE PACK ( OUR ALL TIME HITS )
BANKING STOCKS : SBI, ICICI, KOTAK, ETC.....
ENGINEERING STOCKS : LNT, BHEL, SIEMENS ETC.......

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

MORE UPDATES DURING LIVE MARKETS WILL BE ON OUR SMS SERVICES ( COST FREE ) & 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
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MUMBAI
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