Todays culprit THE EDUCOMPPPPPPPPP
NIFTY END OF DAY CHART 21 JANUARY 2009
Nifty close below trend reversal levels for the 1st day, we need to get this confirmation for 2 to 3 days on closing basis. If we close below this for few days then we can seen see lower levels of 2550 - 2400 too & if not then this could be false break down too & we may move up again. The Nifty spot level for tomorrow to be watched out are 2650-2665.
Relaince group stocks was in selling pressure since morning & Rel Cap made new 52 week low, The results to be watched out tomorrow is Reliance Industries ( mkt estimate is weaker by 20-25% ).
PROVISIONAL FIGURES IN RS CRORES FOR 21 JANUARY 2009
Fii - 787
Dii +283
Fii(deri) -625
Idx fut -713
Idx opt +74
Stk fut +46
Stk opt -33
Regards,
Allies Financial Services
Website : http://alliesfin.blogspot.com/
Email Group : http://groups.google.com/group/alliesfin
