Tuesday 20 January 2009

Market View 21 January 2009




Hello Readers / Visitors,

Nifty EOD ( End of day 20 January 2009 ) charts has been updated.

2day after gap down opening markets traded in very narrow range the whole remained in the same. In the last trading some movements are seen in rates & figs are changing & this has been happening since last many days.

2day also Relaince group stocks show ealy gains in last hour of trade but gave as some selling seen in RIL itself. Also Power stocks gave some quick gains in last hour of trade after CERC ups 2009 - 2014 ROE for power units by 150 bps; CERC also ups depreciation rate for power utilities.

Still trend reversal levels are placed at on close below 2725 on lower side & 2855 on upper side 4 break outs till then it wil remain in this consolidation range.

Nifty trading levels are updated in the Chart itself.

P.S : Market commentry , newsletters , reports & many more stuffs are being updated on http://groups.google.com/group/alliesfin & send to all group members. You can also be part of it, jst click on the link & JOIN urself.

PROVISIONAL FIGURES RS CRORES FOR 20 JANUARY 2009

Fii -308
Dii +185
Fii(deri) -4
Idx Fut +15
Idx opt -110
Stk Fut +61
Stk opt +31
(the same has been updated by sms too )

Good Day


Regards,

Allies Financial Services

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